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The semiconductor chip shortage is hamstringing the production of electronics and restraining the production capabilities of several companies in this space. And the industry is expected to remain hampered by the chip shortage and supply and logistical challenges until 2022.
So, given these headwinds, we think fundamentally weak tech stocks Pegasystems Inc . (PEGA) and Plexus Corp . (PLXS), which have missed earnings estimates in their last reported quarter, are best avoided now.
