News Highlights: MACOM Technology Solutions, Maxim Integrated Products, Taiwan Semiconductor Manufacturing, Texas Instruments and Semtech
For immediate release
Chicago, IL – February 5, 2021 – Zacks.com releases its stock list in the Analyst Blog. Every day, Zacks Equity Research analysts discuss the latest news and events affecting stocks and the financial markets. Stocks that recently appeared on the blog include: MACOM Technology Solutions Holdings, Inc. MTSI, Maxim Integrated Products, Inc. MXIM, Taiwan Semiconductor Manufacturing Company Limited TSM, Texas Instruments Incorporated TXN and Semtech Corporation SMTC.
Here are the highlights from Thursday’s Analyst Blog:
Semiconductor sales are increasing year after year: 5 stocks to buy
The global semiconductor industry has been one of the biggest beneficiaries of the pandemic that made 2020 a great year for microchip manufacturers. According to the Semiconductor Industry Association (SIA), this saw semiconductor sales increase year over year.
The growing demand for electronics, including smartphones, PCs and the ongoing 5G explosion boosted semiconductor sales in 2020. And the situation is likely to remain that way, given the continued supply of microchips due to rising demand.
Worldwide sales increase for semiconductors
Worldwide semiconductor sales were $ 439 billion in 2020, a growth of 6.5% …
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