Swiss investment bank UBS has named several semiconductor stocks that are set to benefit from the ongoing global chip shortage.
As technology has advanced, semiconductor chips have spread from computers and cars to toothbrushes and tumble dryers — they now lurk beneath the hood of a surprising number of products. But there's an ongoing global shortage that's affecting a host of different sectors.
In a note to clients this week, the bank's analysts highlighted which chip companies are particularly well-placed to benefit from the impact of the shortage on the automotive sector, which relies on chips for everything from the computer management of engines to driver assistance systems.
Here are the stocks they recommend: