1 Chip Stock Trying to Mount a Massive Comeback: Is It Time to Buy Now?
"Mature chip" manufacturing handles the production of semiconductor chips that aren't the latest and greatest used in high-end smartphones, artificial intelligence (AI) servers, and the like. Normally, this sector segment is somewhat boring for investors.
The chip market is anything but normal at the moment.
Mature chipmaking is boring normally because lots of competition makes it hard to get an edge. And until recently, the sector was also in a downturn related to slowing PC sales. But megatrends around electric vehicles (EVs), autonomous driving, factory robotics, and the connectivity of everything point to some massive increases in future demand.
Source Fool.com