The growing hype around AI and other emerging technologies has boosted semiconductor demand. So, I think quality chip stocks QUALCOMM Incorporated (QCOM), Analog Devices, Inc. (ADI), and MACOM Technology Solutions Holdings, Inc. (MTSI) might be solid buys now.
Increasing demand for faster and advanced memory chips in industrial applications will likely boost the chip market. Also, the increasing number of personal computer manufacturers and rising investments in R&D activities are also expected to increase demand.
