The semiconductor industry witnessed significant upheaval last year. The Russia- Ukraine conflict, escalating China – United States tensions, and a resurgence of global COVID-19 cases posed formidable challenges for an industry proactively addressing inventory issues.
However, expanding chip applications is further fueling the sector’s growth. Hence, fundamentally sound chip stocks NVIDIA Corporation (NVDA), Nikon Corporation (NINOY), and Photronics, Inc. (PLAB) could be quality additions to your watchlist this week.
