The semiconductor industry’s long-term growth prospects remain optimistic because of the increasing use of chips in powering technological advancements. Given the industry’s growth prospects, fundamentally strong chip stocks QUALCOMM Incorporated (QCOM), Tower Semiconductor Ltd. (TSEM) and ChipMOS TECHNOLOGIES INC. (IMOS) might be worth buying.
Before delving deeper into their fundamentals, let’s discuss what’s happening in the chip industry.
