5 Sleep-at-Night Microchip Stocks With Growing Passive Income
It has been a rough year for semiconductor stocks, but all may not be lost. After all, semiconductors power all of today's big technology applications, from artificial intelligence, to the Internet of Things, to the Metaverse and electric vehicles. While somewhat cyclical, semiconductor stocks are usually generally quite profitable, and their stocks are less expensive than the high-flying software sector.
Despite this year's historic slump in PCs, smartphones, and consumer electronics, several top chip stocks have the right products and end-markets to grow through the current downturn, and pay you a rising dividend along the way. Here are five names you don't have to worry about, and can look forward to collecting a rising annual dividend payment year in and year out.
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Source Fool.com
