The U.S. has some of the largest semiconductor companies in the world, though the largest company is in Taiwan. Japan and China have their fair share of semiconductor companies, and so does Europe.

The Internet of Things (IoT), 5G technology, autonomous vehicles, and cloud computing will also need chip stocks. In fact, if it’s digital, it needs semiconductor chips.

Despite the semiconductor chip export ban by the United States on China, the semiconductor chip sales in China were up 12.1%, followed by 10% in Asia Pacific and 7.4% in Japan.

The U.S. has already announced US$52.7 billion in funding for the industry with its CHIP and Science Act. The money is meant to fund the expansion of semiconductor manufacturing in the country.

Huawei moved into chip production last year and is receiving an estimated $30-billion in state funding from the Chinese government, the Semiconductor Industry Association said ...

Jolt Capital acquired some assets from French semiconductor firm Dolphin Design at the end of October and is relocating its head office to Montréal under a newly created entity, Dolphin Semiconductor.

ON Semiconductor Corp is considering investing $2 billion in boosting production of silicon carbide chips that are widely used to help extend the range of electric vehicles, company executives said on ...

Qualcomm stock Qualcomm (NASDAQ:QCOM) is another semiconductor stock I am sure about. It is a market leader in communication chips. Its 5G modem and Snapdragon chips power almost all mobile phones.