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Semiconductor stocks are a buy as the Nasdaq continues to make higher highs. These companies have been benefiting from the growing demand for electronic devices and the increased adoption of various technologies, such as artificial intelligence, cloud computing, and 5G.
The semiconductor industry’s ability to continuously innovate and develop more efficient, smaller, and faster chips is a reason investors should follow this industry closely.
Generally, semiconductor stocks outperform all others in the Nasdaq composite, so if one wants to have market-beating returns, then a sizable investment into this industry could be suitable. Although the ups and downs of the industry may be significant, I feel that the rewards far outweigh the risks involved.
So with this backdrop in mind, here are seven…
