Semiconductors form the basis of every modern-day computing device. The original transistor, which measured 20 µm, has now been reduced to nanometers. Millions of these tiny circuits are present on chips powering smartphones, notebooks, and personal computers – and more is on the way. The semiconductor industry’s importance to the modern world came to light during the ongoing pandemic. The sector was worth $425.96 billion in 2020, and between 2021 and 2028, it is expected to grow from $452.25 billion to $803.15 billion.
Here is Insider Monkey’s list of 10 cheap semiconductor stocks to buy now. Teradyne, Inc. manufactures test equipment that it sells to companies to help them validate their semiconductor designs. The company’s machines also assist printed circuit board manufacturers in testing their products after being manufactured. Semiconductors are made by machines that print nanometer-sized circuits on a silicon wafer using light rays. During this process, all outside pollutants must be kept away from the water. The chip manufacturers benefit from Entegris, Inc.’s products during this process. It is also in the process of acquiring field-programmable gate array manufacturer Xilinx, as it hopes to expand its presence in the growing artificial intelligence, machine learning, and 5G segments and better compete with the larger rival Intel Corporation, who is the other x86 licensee. Advanced Micro Devices focuses on the consumer central processing unit, graphics processing unit, custom GPU, and enterprise CPU segments. Micron Technology sells Dynamic Random Access Memory modules and high bandwidth solutions for various products such as graphics processing units from Nvidia Corporation, NOT-AND memory modules, and NAND devices such as Solid State Storage devices and NOR flash memories. Lattice Semiconductor Corporation sells Dynamic Random Access Memory modules, high bandwidth solutions for various products such as graphics processing units from Nvidia Corporation, NOT-AND (NAND) memory modules, and NAND devices such as Solid State Storage devices and NOR flash memories. For more details, click 10 Cheap Semiconductor Stocks To Buy Now.
