🔌Semiconductor Industry: Best semiconductor stocks to invest in 2022 🔌

Several industries have risen to prominence in recent years.
The semiconductor industry is one of them. The reason for this could be attributed to the ongoing global shortage and high demand.

🙋 But, what are Semiconductors❓
A semiconductor has properties that fall somewhere between those of a conductor (a material that conducts electricity) and those of an insulator (a substance that does not conduct electricity.).
It regulates and manages the flow of electric current in electronic devices and equipment.

🤔 Where are Semiconductors used❓
👉 Automobile
👉 Advanced Medical Care
👉 Consumer electronics: Mobile phones, laptops, AC etc.(Whirlpool, Voltas)
👉 Embedded systems (HCL, TCS, TataElxsi, Moschip)
👉 Solar Cells

🧐🌏 How big is the Indian and Global Semiconductor market❓
In 2020, the Indian semiconductor market was worth $15 billion, and it is expected to grow to $63 billion by 2026. The global semiconductor chip industry is expected to reach approximately $600 billion in 2022

🌱 Growth drivers for the semiconductor industry 🌱

★ The government has approved a 76,000 crore ($10 billion) production-linked incentive (PLI) scheme for semiconductors, which will help India's manufacturing base to produce more semiconductor chips.
★ Investment in India's semiconductor capacity is expected to be 4-fold over the next few decades.
★ Currently, India imports nearly all of the semiconductors it requires.
★ Its demand is expected to reach around US$100 billion by 2025, up from around US$24 billion in 2021.
★ Despite the economic downturn, the global semiconductor industry remained resilient, with revenue increasing by 6.5% to $440 billion in 2020.

🌟 Top Semiconductor Stocks In India:
★ Vedanta Limited
★ ASM Technologies Ltd
★ Moschip Technologies Ltd
★ SPEL Semiconductor Ltd
★ Ruttonsha International Rectifier Ltd
★ Tata Elxsi

💰 You can buy any of these stocks. However, I recommend that you invest in fundamentally strong stocks among them.

🌟🌟 One can invest in stocks such as Tata Elxsi, Vedanta Ltd, and ASM Technologies. 🌟🌟

The information shared above is only for educational purposes. Please consult your financial advisors before making any investment decisions.

😃 Please share your thoughts and queries in the comment section below 😃