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3 Semiconductor Stocks That Could Be Multibaggers in the Making: February Edition
ACLSAxcelis(ACLS) InvestorPlace·2024-02-22 17:15

Valued at $591.8 billion in 2022, the global semiconductor market is expected to reach $1.88 trillion by 2032, exhibiting a CAGR of 12.28%. The rising penetration of digital technologies largely propels this growth, rapid adoption of AI and growing demand in the industrial and automotive industries have largely propelled this growth. This data demonstrates that semiconductor usage will continue to skyrocket for the foreseeable future. These semiconductor stocks are prime to master this industry and deliver ...