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Tesla (TSLA +2.83%) recently informed its investors that it could improve margins by reducing its usage of SiC chips, a semiconductor base material that runs on the pricey side. While the news created a minor blip in chip stock prices, Nick Rossolillo explains why the buying opportunity didn't last long. Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. Also, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of March 9, 2023. The video was published on March 10, 2023.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
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Billy Duberstein has no position in any of the stocks mentioned. Jose Najarro has positions in Tesla. Nicholas Rossolillo has positions in Aehr Test Systems and Tesla. The Motley Fool has positions in and recommends Tesla and Wolfspeed. The Motley Fool recommends ON Semiconductor. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Tesla Stock Quote
Tesla
NASDAQ: TSLA
$328.58
(+2.83%)+$9.05
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---% Avg Return
STMicroelectronics Stock Quote
STMicroelectronics
NYSE: STM
$56.10
(+5.29%)+$2.82
ON Semiconductor Stock Quote
ON Semiconductor
NASDAQ: ON
$81.17
(+3.63%)+$2.84
Aehr Test Systems Stock Quote
Aehr Test Systems
NASDAQ: AEHR
$103.07
(+3.34%)+$3.33

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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Surprise! Tesla Didn't Kill Silicon Carbide (SiC) Chips After All | The Motley Fool