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Investors want to know about long-term investing in robotics stocks, and Nvidia is an obvious choice. There are also robotic startups trying to prove their worth too. Of course, at Chip Stock Investor, we always default to established semiconductor businesses. It's time to take another look at Allegro Microsystems (ALGM), focusing on the impact of recent U.S. CHIPS Act funding, the company's business model, and its connection to the "robotics revolution." With insights into the future of power and sensor chip sales, and by extension, in robotics, Nick and Kasey look at why Allegro might be worth a small investment, for which type of investor, and how to do so without harming your portfolio's performance.
Referenced article on Symbotic: https://www.fool.com/investing/2023/12/18/can-symbotic-stock-double-in-2024/
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Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.
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