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3 Small-Cap Semiconductor Stocks Surging to New Highs -Breaking

by Mike Robinson

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© Reuters. 3 Small-Cap Semiconductor stocks surge to new highs

This industry is predicted to expand significantly as demand continues to rise for semiconductor chips and the government encourages companies to improve production. We believe it would be smart to invest in quality small-cap semiconductor stocks Camtek, Axcelis and SMART Global. Each stock is trading close to their new highs, but they still offer plenty of upside. The ongoing shortage in semiconductor chips has impacted many industries. However, according to a Vox report, ‘The chip shortage has a silver lining.’ Investors’ interest in the semiconductor industry is evident from the SPDR S&P Semiconductor ETF’s (XSD) 22.7% gains over the past month.

In the face of global supply chain crises, the Biden administration has taken steps to promote domestic production. The growing market for chips in all sectors is likely to drive the sector’s growth. International Data Corporation’s report states that the global semiconductor market will grow by 17.3% between 2021 and 2021.

We believe it would be prudent to place your money on high-quality small-cap semiconductor stocks in this context Camtek Ltd . (CAMT), Axcelis Technologies, Inc. While they are not at their current highs, there are still many upsides.

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