3 Trades To Profit On The Global PC Shortage
Semiconductors… A piece of tech people hardly knew or cared about before there suddenly weren’t enough to go around. The consequences of this shortage have rippled through the tech industry, from smart phones to LEDs lightbulbs, but none were hit harder than computer manufacturers.
The persistence of the work from home movement has increased demand for PCs and desktops, resulting in a flood of orders placed with hardware makers already struggling to keep up. As backlogs grow, vendors aren’t expecting to catch up until mid-2022 at the earliest.
And even then, demand for PCs and the semiconductors that make them possible could continue to grow until the end of this decade. If that comes to pass, the semiconductor industry could double, reaching a revenue between $500 billion to $1 trillion.
That’s a huge tailwind for the entire industry that could line up specific tech companies for great profits.
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Category: Options Trading Strategies
