ASX stock forecast, quote, news & analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Broadcom Inc. (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Advanced Micro Devices (NASDAQ:AMD), QUALCOMM (NASDAQ:QCOM), Applied Materials (NASDAQ:AMAT), Texas Instruments (NASDAQ:TXN), Lam Research Corp (NASDAQ:LRCX), Micron Technology (NASDAQ:MU), Analog Devices (NASDAQ:ADI).

The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.

The average market capitalization across the Semiconductors Industry is 52.72B. The market cap for tickers in the group ranges from 13.43K to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is CYBL at 13.43K.

The average weekly price growth across all stocks in the Semiconductors Industry was 9%. For the same Industry, the average monthly price growth was 21%, and the average quarterly price growth was 6%. LAES experienced the highest price growth at 422%, while SMTK experienced the biggest fall at -37%.

The average weekly volume growth across all stocks in the Semiconductors Industry was 79%. For the same stocks of the Industry, the average monthly volume growth was 66% and the average quarterly volume growth was -5%