Thanks to the robust chip applications across various sectors, semiconductor companies have seamlessly navigated the choppy waters of cyclical downtrends over the past year. Moreover, semiconductor stocks have rallied so far this year, as evident by the iShares Semiconductor ETF’s (SOXX) 37.4% year-to-date returns.
In this article, I have uncovered why fundamentally sound chip stocks NVIDIA Corporation (NVDA), ASML Holding N.V. (ASML), and Everspin Technologies, Inc. (MRAM) could be quality additions to your watchlist.
