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StockNews.com
Business
Mangeet Kaur Bouns

3 Chip Stocks to Secure This Week's Gains

MCHP AMAT TSM Semiconductor Applied United States Applied Global Services Taiwan Taiwan Semiconductor Manufacturing Company Limited

The extensive usage of chips across various industries and the growing adoption of emerging technologies across enterprises are expected to drive the demand for semiconductors. In addition, lucrative government incentives and investments would boost the industry’s prospects.

Considering the industry’s tailwinds, fundamentally strong chip stocks Taiwan Semiconductor Manufacturing Company Limited (TSM),  Applied Materials, Inc (AMAT), and  Microchip Technology Incorporated (MCHP)  could be solid buys this week for strategic gains.

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