Noted tech researcher IDC says that global PC shipments plunged 14% in the first quarter.
That was almost double the 7.7% decline IDC had been expecting, and was also the biggest year-over-year free-fall since the market-intelligence firm started tracking PC shipments 20 years ago.
This wasn't a one-time event, either: It marked the fourth straight quarter that worldwide PC shipments had fallen.
No wonder the pundits are talking about the "Death of the PC."
After reading one of these high-tech eulogies, I'm betting that the last thing you want to do is to invest some of your carefully saved capital into any part of the semiconductor sector.
After all, those complex microchips are the "brains" of a computer: So if the PC sector is getting battered, it stands to reason that the chip sector would be getting thrashed, as well – meaning the best move is to stand clear of both.
Don't make that mistake.
While PC stocks should be relegated to the tech-investor's version of an isolation ward, semiconductor shares have been on a roll since the start of the year and will continue to be one of the best ways to generate big profits for some time to come.
If you buy the right ones, that is.