Are These The Best Semiconductor Stocks To Buy Right Now? 4 In Focus.
Semiconductor stocks performed extremely well in 2020, and analysts are expecting more great things in the space in 2021. Simply put, the tech sector continues to thrive because it owes its massive success in no small part to the semiconductor industry. Although most top semiconductor stocks fell along with the broader market during the coronavirus-induced market sell-off, they have bounced back strongly.
Consumer electronics sales are booming, and trends such as cloud computing, electric vehicles, smartphones, and online gaming have generated tremendous tailwinds for the semiconductor and semiconductor equipment market. However, the warning by Qualcomm Inc (NASDAQ: QCOM) regarding the shortage of chips is something investors should be mindful of. The global semiconductor shortage is certainly a real challenge. Cristiano Amon, head of the worldâs largest mobile chipmaker, flagged shortages âacross the b