
As supply chain snarls eased, the Semiconductor Industry Association (SIA) reported global industry sales of $574.1 billion last year, an increase of 3.3% compared to 2021. Moreover, on a regional basis, America recorded a 16.2% increase in sales, the largest among others.
Considering the increasing significance of semiconductors in today's world, it could be beneficial to invest in fundamentally sound stocks such as Nikon Corporation (NINOY), Park Aerospace Corp. (PKE), and Everspin Technologies, Inc. (MRAM), which are trading under $15.