Tag: Semiconductor

TSMC to build a $12 billion advanced semiconductor plant in Arizona with U.S. government support – TechCrunch

Taiwan Semiconductor Manufacturing Co., the world’s largest contract semiconductor foundry, said today that it plans to build an advanced chip foundry in Arizona with support from the state and the United States federal government.

The announcement follows a Wall Street Journal report earlier this week that White House officials were in talks with TSMC and Intel to build foundries in the U.S., as part of its effort to reduce reliance on chip factories in Asia. Based in Hsinchu, Taiwan, TSMC provides chip components for many of the world’s largest semiconductor companies and its U.S. clients include Apple and Qualcomm.

The

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4 Semiconductor Stocks to Buy Amid Coronavirus Pandemic

The global semiconductor industry, which plays a key role in the high-growth technology space, has been relatively less affected by the coronavirus pandemic.

With the reopening of the economy, rebound in smartphone sales in markets like China and people spending more time on mobile phones, the semiconductor industry is expected to benefit in the near term.

According to World Semiconductor Trade Statistics, annual global semiconductor sales are expected to grow 5.9% in 2020 and 6.3% in 2021.

Let’s dig deeper to understand what makes the semiconductor space fundamentally attractive.

What Makes Semiconductor Stocks Promising Bets?

The recent demand trend

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Taiwan Semiconductor, Nvidia, AMD, Qualcomm and Broadcom

For Immediate Release

Chicago, IL – May 12, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Taiwan Semiconductor Manufacturing Co. TSM, Nvidia NVDA, AMD AMD, Qualcomm QCOM and Broadcom AVGO.

Here are highlights from Monday’s Analyst Blog:

Chip Stocks Driving “The New Normal”

Chipmakers are at an exciting and highly uncertain inflection point right now. 5G technology is just beginning to ramp-up, and datacenters giants are starting to hyperscale

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