
Although the chip industry faced a host of challenges due to market volatility and macroeconomic headwinds, the industry has solid long term growth potential given the growing usage of chips. To that end, investors could benefit from fundamentally strong chip stocks ASE Technology Holding Co., Ltd. (ASX), Cohu, Inc. (COHU), and Veeco Instruments Inc. (VECO).
Before diving deeper into the fundamentals of these stocks, let’s discuss why the chip industry is well-positioned for growth.