Category: Trucking News

7 Semiconductor Stocks Worth Buying as Technology Accelerates

The impact of the novel coronavirus pandemic has demonstrated how the faster pace of digital transformation in society is here to stay. During the bull run of the past decade, semiconductor stocks have been essential drivers of the broader technology sector's upside.Although they were initally among the shares that sold off rapidly during the Covid-19 triggered selloff in February and March, most chip stocks have had a remarkable comeback since hitting 52-week lows in late March. So far in 2020, the widely followed Philadelphia Semiconductor Index is up over 20%. Therefore, today, we'll discuss seven semiconductor stocks worth buying as technology accelerates.Semiconductors are the brains inside electronic devices. Chips are used in a wide range of products in computing, telecommunications, gaming, transportation, military systems and healthcare. They are typically behind technology innovation. As a result, shares of semiconductor companies usually act as a bellwether for the technology sector as a whole....