Goldman picks China chip stocks to buy as tech rivalry with U.S. grows

Staff work on the manufacturing line of silicon wafer at a manufacturing unit of GalaxyCore Inc. on Might 25, 2021, in Jiashan County, Jiaxing Metropolis, Zhejiang Province of China.

Wang Gang | China Information Service | Getty Photographs

Goldman Sachs analysts picked some Chinese language semiconductor shares set to profit as firms look to localize their provide chains.

Amongst mainland China-traded shares, particularly in know-how, the analysts stated they like semiconductor and software program firms as a result of they’re nonetheless in an early stage of improvement relative to international friends.

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