2 Semiconductor Stocks That Could Help Set You Up for Life
The semiconductor industry was on a roll last year with annual sales exceeding $600 billion for the first time as companies and governments across the globe lined up to purchase chips for building their artificial intelligence (AI) infrastructures, and the good news is that the industry's growth is set to continue in 2025 and beyond.Semiconductors are considered to be a new gold, enabling disruptive innovation in several areas ranging from AI to autonomous cars to smartphones and computers. Moreover, the global semiconductor supply chain -- from manufacturing equipment to chip design to fabrication -- is dominated by a select group of companies. With the global semiconductor industry set to more than triple in size and exceed $2 trillion in revenue by 2032, let's take a look at two key names from this sector that could help investors become rich in the long run.Continue reading
The semiconductor industry was on a roll last year with annual sales exceeding $600 billion for the first time as companies and governments across the globe lined up to purchase chips for building their artificial intelligence (AI) infrastructures, and the good news is that the industry's growth is set to continue in 2025 and beyond.
Semiconductors are considered to be a new gold, enabling disruptive innovation in several areas ranging from AI to autonomous cars to smartphones and computers. Moreover, the global semiconductor supply chain -- from manufacturing equipment to chip design to fabrication -- is dominated by a select group of companies.
With the global semiconductor industry set to more than triple in size and exceed $2 trillion in revenue by 2032, let's take a look at two key names from this sector that could help investors become rich in the long run.
