CNBC Pro

Chip companies are moving manufacturing home amid Covid disruption, and these stocks could benefit

Share
The Honeywell International sign sits outside of the company's former global headquarters in Morristown, New Jersey, on Friday, Jan. 26, 2007.  (Photo by Daniel Barry/Bloomberg via Getty Images)
Bloomberg | Bloomberg | Getty Images

U.S. semiconductor companies are rushing to bring manufacturing home after the Covid-19 pandemic caused unprecedented supply-chain disruption, and the reshoring activity could boost a slew of industrial stocks, according to UBS.

More In Investing trends

CNBC ProRetail investors are buying these stocks into the reopening, UBS says
CNBC ProThese ETFs are winners if Biden’s infrastructure plan is passed, Bank of America says
CNBC ProCredit Suisse picks EV and energy stocks for a piece of the $2 trillion infrastructure plan