Semiconductor Stocks Are Struggling. A Bottom Could Be Nearer.

This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s.

The Chips Are Really Down

UBS House View—Daily U.S.

UBS
Jan. 6:


Samsung Electronics


on Friday reported a 69% decline in its quarterly operating profit, its sharpest drop in profits in more than a decade, amid slowing global demand and caution across the tech supply chain. The reporting period includes several weeks of shuttered production at


Apple


primary iPhone assembly plant in Zhengzhou, China.