4 Stocks to Buy on Semiconductor Industry's Growth Potential
Applied MaterialsApplied Materials(US:AMAT) Zacks Investment Research·2024-02-19 15:10

The semiconductor industry didn’t have a memorable 2023, as sales declined year over year. However, the good sign is that the industry has been trying to stage a solid rebound since the second half of the year. Sales have been steadily on the rise and are poised to grow further in 2024.The Semiconductor Industry Association (SIA) said earlier this month that global semiconductor sales totaled $526.8 billion in 2023, reflecting a decline of 8.2% from $574.1 billion in 2022.However, microchip sales totaled $1 ...