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

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)
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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.

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