Chip stock set up for 2021 looks pretty good: Mizuho's Vijay Rakesh

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Semiconductor ETF (SMH) is up 19 percent this year, but with the setting new restrictions on the top chipmaker, can the sector keep heading higher? Vijay Rakesh, Mizuho analyst, joins 'Power Lunch' to discuss the impact on chip stocks and which stocks could be the safer bet. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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