onsemi, Sensata Technologies, Vishay Intertechnology, Allegro MicroSystems, and Power Integrations Shares Skyrocket, What You Need To Know
Shares of several semiconductor companies including onsemi, Sensata Technologies, Vishay Intertechnology, Allegro MicroSystems, and Power Integrations jumped following an announcement by the Trump administration to create a $4 trillion investment consortium for semiconductor supply chains. This initiative, an expansion of the 'Pax Silica' program, aims to secure AI and chipmaking access for the U.S. and its allies through significant capital infusion. The news boosted investor confidence in the sector, indicating strong government support for the chip industry.
https://www.tradingview.com/news/stockstory:0d96d0831094b:0-onsemi-sensata-technologies-vishay-intertechnology-allegro-microsystems-and-power-integrations-shares-skyrocket-what-you-need-to-know/