The semiconductor industry has been one of the larger focal points of economists and lawmakers over the last couple of years. The COVID-19 pandemic introduced myriad challenges beyond public safety. Labor constraints and resulting supply chain challenges were amplified, with semiconductors being one of the most critical industries hit. 

Despite these hurdles, companies such as Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Marvell Technology (NASDAQ: MRVL), have demonstrated consistent resiliency. Let's break down the big picture for each company, and analyze why 2023 may be a good time to initiate or add to your position.     

For the quarter and year ended Dec. 31, 2022, AMD reported $5.6 billion and $23.6 billion in total revenue, representing a 16% and 44% year-over-year increase, respectively.

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Source Fool.com