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January supply chain checks favor these chip stocks

January 25, 2024 6:00 PM EST

Key Bank recently conducted its quarterly supply chain check, providing insights into the current state of various tech markets. The findings present a mixed picture, with both positive and negative trends across different segments.

In the face of a challenging environment, widespread end-demand trends continue to exhibit weakness. The automotive and industrial markets are grappling with inventory destocking, contributing to an overall subdued demand. Key Bank's analysis reveals that the PC market remains stagnant, while Android smartphones are managing to sustain demand. On the flip side, iPhones are encountering... More