Fund Managers See Water Risk in Semiconductor Bets Being Mispriced

(Bloomberg) -- Investors in semiconductor stocks face a growing threat to industry valuations: a chronic shortage of water.Most Read from BloombergApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishThe Mighty American Consumer Is About to Hit a Wall, Investors SayTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiApple’s iPhone 15 Debut Includes Higher Price on Top ModelBP CEO Looney Quits Over Past Relationships With ColleaguesFor Abrdn Plc, there are n

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