The trade war between the U.S. and China has had far-reaching effects on several sectors of the economy. The semiconductor industry recently became a focal point, especially over concerns about intellectual property. The Trump administration began restricting the export of high-tech goods and sensitive technology to China, and the Middle Kingdom has responded in kind. Since China makes about 35% of global semiconductor purchases, U.S. chip makers are getting hit hard.
Despite the trade battle, there are still compelling opportunities for investors in the chip sector, according to Wedbush analyst Matthew Bryson. On Thursday, he made upbeat calls on NVIDIA […]