4 Solid Semiconductor Stocks to Buy on Accelerating Sales
AMATApplied Materials(AMAT) ZACKS·2024-08-07 22:05

The semiconductor industry that suffered in 2023 is making a steady recovery this year. The Semiconductor Industry Association (SIA) said on Aug 5 that global semiconductor sales totaled 50.0billion,up1.750.0 billion, up 1.7% month over month from May’s total of 49.1 billion.Semiconductor Sales Rebound on Higher DemandThe report also mentioned that sales totaled $149.9 billion in the second quarter, reflecting an 18.3% year-over-year jump and a 6.5% rise from the first quarter.Regionally, year-over-year semiconductor sale ...