
The semiconductor industry is expected to experience long-term growth due to increased chip usage, rising demand for advanced devices, and emerging technologies like artificial intelligence and 5G networks. Therefore, it could be wise to own fundamentally strong chip stocks Photronics, Inc. (PLAB), Nikon Corporation (NINOY) and Cirrus Logic, Inc. (CRUS).
Before delving deeper into their fundamentals, let’s discuss what’s happening in the chip industry.