The 4 Best Semiconductor Stocks to Buy for the Next Decade
Semiconductors power a wide range of devices, including PCs, gaming consoles, phones, cars, and industrial machines, and many of those platforms require a growing number of chips with every upgrade.
Those upgrades, which strengthen devices' processing power or wireless connectivity, are currently causing a global chip shortage that could persist throughout the rest of 2021.
The global semiconductor market could then grow at a compound annual growth rate of 10% between 2021 and 2026, according to research firm EMR. That stable demand suggests most investors should own at least a few chip stocks -- but the complex market can be daunting for newcomers.
Source Fool.com
