5G Chip Demand Reportedly On The Rise

Demand for next-generation 5G devices is on the rise, according to DigiTimes: Taiwan-based integrated circuit design houses are seeing a slowing pace in 4G orders, the publication said Friday.

U.S. stocks that are a play on 5G include wireless firms such as Verizon Communications Inc. VZ and AT&T Inc. T.

A wide range of semiconductor companies are involved in 5G rollouts including Xilinx, Inc. XLNX, Analog Devices, Inc. ADI and Marvell Technology Group Ltd. MRVL.

According to Investors.com, when 5G smartphones hit the market, semiconductor vendors who stand to gain include Qualcomm, Inc. QCOM, Skyworks Solutions Inc SWKS, and Qorvo Inc QRVO.

Infrastructure chip vendors such as Broadcom Inc AVGO, Intel Corporation INTC could also see upside as networks are built out.

Related Links:

A New 5G ETF Could Debut Today

As Nokia Signs 5G Agreements, A Look At The Companies Adopting The Next-Gen Technology

Market News and Data brought to you by Benzinga APIs
Posted In: NewsTechMedia5GDigitimes
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...