PhillipCapital research analyst Yeap Jun Rong says he remains positive on the semiconductor sector’s long-term outlook, even as the sector is currently experiencing a global shortage at the moment.

On Feb 24, US President Joe Biden has authorised a 100-day review of supply chains – with the focus especially on a global semiconductor shortage – with the aim of eventually increasing domestic production of these materials.

Intel, the largest US supplier of semiconductors by revenue, may be a potential beneficiary should the US government decide to accelerate its domestic production of chip manufacturing, says Yeap in a March 3 report.

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