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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Shares of semiconductors were outpacing the broader markets, which were quite volatile today. Industry leaders Taiwan Semiconductor Manufacturing (NYSE: TSM), Micron Technology (NASDAQ: MU), and Aehr Test Systems (NASDAQ: AEHR) were up 2.1%, 5.5%. There wasn't any company-specific news today, but the broader semiconductor sector was up strongly, even as many other cyclical industries outside of tech were struggling.
Tesla's new powertrain system is more efficient, but that isn't bad news for silicon carbide semiconductor companies.