January 14, 2022, 7:08 pm EST
Semiconductor Equipment Industry
While the technology sector is wobbling, semiconductor equipment makers surge up quickly. These stocks came strong and all near their recent highs or 52-week highs: AMAT, LRCX, KLAC, UCTT, QCOM. Please take a moment to check out their charts to feel the demand for these stocks.
Taiwan Semiconductor Mfg (TSM) should be the giant leader in this area where the majority of the semiconductor chips for electronic devices (phone, watch, computer, IPad) come from here.
Thus, it should be a good exercise to spend some time studying these stocks. Most likely, we would pick one or two into our stock picks.