ECRI's Lakshman Achuthan warns investors could get scorched by one of 2019's most popular groups.
Economic forecaster Lakshman Achuthan is warning investors they could get scorched by one of 2019's most popular groups.
"Collapse comes to mind when you look at global demand for semiconductor chips," he said Friday on CNBC's"Trading Nation." "It's a pretty dramatic comedown," he said."We've got a 20 percent decline in the volume of semiconductor demand, and that translates to a ten year low in the growth rate of demand."
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