1 Monster Opportunity in the Global Chip Shortage
The semiconductor business is ramping up for the next stage in its cycle of production, and this is the one that involves massive growth. The current stage in the cycle saw the industry slow amid economic uncertainty, but explosive interest in artificial intelligence (AI) is expected to lead to exponentially more demand for chips.
To prepare for that next stage, semiconductor manufacturing companies need the right manufacturing equipment. The challenge comes from the fact that their competitors all need it too. While these fabricating facilities have several equipment manufacturers they turn to, those making the most advanced chips keep just one company in mind because it's the only one doing what it does well enough to meet their needs.
ASML (NASDAQ: ASML) captured the lead in its industry thanks to its advancements over the past two decades in developing its exclusive, very complex, and very expensive extreme ultraviolet lithography (EUV) machines. Chip manufacturing giants like Taiwan Semiconductor Manufacturing, , and Samsung cannot deliver the most advanced semiconductors at scale without the help of this Netherlands-based manufacturer.
Source Fool.com
Intel Corp. Stock
Our community is currently high on Intel Corp. with 22 Buy predictions and 17 Sell predictions.
With a target price of 38 € there is a hugely positive potential of 93.54% for Intel Corp. compared to the current price of 19.63 €.
