Buy Into Semiconductors (Along With Big Tech) Via NBDS
November 04, 2022 at 16:39 PM EDT
While semiconductors have been hit by slowed consumer spending, the market has benefitted from big tech firms like Google, Microsoft, and Amazon upping their capital expenditures in this sector. Google parent Alphabet reported its Q2 capital expenditures growing 24% year-over-year to $6.9 billion. Microsoft’s capital spending grew by 19% YoY to $8.7 billion in the [...] The post Buy Into Semiconductors (Along With Big Tech) Via NBDS appeared first on ETF Trends .