3 Semiconductor Stocks That Could Help Make You a Fortune
TSMC, ASML, and Arm still look like a great long-term plays in the growing market.
Many semiconductor stocks slumped this year as President Donald Trump's tariffs, the escalating trade wars, and fears of a recession cast dark clouds over the booming sector. However, that pullback has also been creating attractive buying opportunities for investors who expect the semiconductor market to continue growing over the next few decades.
Below, I'll take a look at three of those stocks: TSMC (NYSE: TSM), ASML (NASDAQ: ASML), and Arm Holdings (NASDAQ: ARM). All of these companies provide crucial technologies for the chipmaking industry and will likely flourish as the expanding cloud and artificial intelligence (AI) markets drive the top chipmakers to produce even more advanced chips. That's why the stocks could be great ways for investors to make a fortune over the long term -- as long as they can tune out the near-term noise.
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