Amid supply chain difficulties stemming from China's zero-COVID policy, Foxconn's founder reportedly urged Chinese leaders to ease some of the country's guidelines.
It's been an absolutely brutal year for chip stocks. Parts of the chip market (specifically those related to smartphone and PC sales, as well as memory chips) will be in decline through at least the first few months of 2023. Three especially cheap chip stocks to consider before the end of the year are Qualcomm (NASDAQ: QCOM), Applied Materials (NASDAQ: AMAT), and Skyworks Solutions (NASDAQ: SWKS).
If you've ever wondered why Wall Street professionals and everyday investors pay such close attention to what Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been buying or selling, just take a closer look at his track record. Since taking the reins in 1965, the Oracle of Omaha has led his company's Class A shares (BRK.A) to an aggregate return of 3,641,613% (through Dec. 31, 2021). Warren Buffett's success has been driven by a mammoth list of factors, including his long-term mindset and attraction to dividend stocks and cyclical businesses.