The semiconductor crunch, which has haunted the electronics and car industry since the start of the pandemic, has now become a glut, as demand for chips slows and companies start to horde chips. The two-year pandemic had caused a severe supply chain shortage of computer chips for manufacturers of computers, smartphones, and cars. In three…

The semiconductor crunch, which has haunted the electronics and car industry since the start of the pandemic, has now become a glut in some sectors, as demand for chips slows and companies start to hoard chips. The two-year pandemic had caused a severe supply chain shortage of computer chips for manufacturers of computers, smartphones, and…

Bank of America analyst Vivek Arya’s recent discussions with investors about the U.S. Semiconductors sector have “overwhelmingly” been focused more on cycle worries such as peaking demand and rising Capex than company fundamentals. Arya coined a FANG equivalent, “MANGO,” or Marvell Technology Inc., Broadcom Inc., Advanced Micro Devices Inc., Analog Devices Inc., NVIDIA Corp., GLOBALFOUNDRIES Inc., and ON Semiconductor Corp. He believes…