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Which Semiconductor Stock is a Better Buy? By StockNews

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© Reuters Advanced Micro Devices vs. ASE Technology: Which Semiconductor Stock is a Better Buy?

In order to meet rising demand, many governments are pumping funds into the industry. Both Advanced Micro Devices (NASDAQ) and ASE Technology, (ASX), should reap the benefits. These stocks are both highly regarded in the semiconductor market. AMD sells microprocessors chipsets. GPUs. server and embedded processors. semi-custom System on Chip (SoC), products and technology for consoles. ASX, a Taiwanese company that provides international semiconductor packaging and testing services and electronic manufacturing services, is a different proposition. The company offers IC wire bonding packaging, system-in package products (SiP), and modules. It also assembles electronic automotive products.

The global supply shortage has not affected the industry’s ability to grow its sales by 29.7% annually in August 2021. The global shortage of semiconductors is likely to decrease as Malaysia, home to many suppliers and factories, started production in September with an estimated 80% production capacity. By 2026, the global semiconductor market will grow by 7.7% to $778 million. AMD as well ASX are expected to benefit.

AMD is up 17.57%, while ASX has fallen 12.29% during the past three month. What stock is better? Let’s find out.

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