
While the semiconductor industry has been struggling with supply chain disruptions, the industry should thrive in the long term. Given the industry’s prospects, popular chip maker NVIDIA Corp. (NVDA) has gained significant investors attention and is now trading at a premium.
However, I think Taiwan Semiconductor Manufacturing Company Limited (TSM), Broadcom Inc. (AVGO), and United Microelectronics Corporation (UMC) could be better picks now.