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Best Stocks To Buy For 2022? 4 Semiconductor Stocks For Your Watchlist

Semiconductor stocks

Semiconductor stocks, arguably, remain viable plays in the stock market now. This would largely be in thanks to the strong demand for semiconductor chips. Evidently, a Gartner (NYSE: IT) report notes that semiconductor revenue grew 25.1% globally in 2021, exceeding $500 billion for the first time. One of the reasons that could explain this growth would be the increase in remote-working due to the pandemic. This, in turn, boosted demand for PCs and laptops significantly. Even now, companies are already extending their work-from-home policies as COVID-19 cases in the U.S. remain high. For this reason, semiconductor stocks could continue to benefit.

Best Semiconductor Stocks To Buy [Or Avoid] For 2022

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