In recent years, the need for semiconductors has risen as the world has become increasingly digitalised. This trend has accelerated in the last two years since the pandemic began.
More and more businesses are realising the need for digital transformation and are scrambling to go digital. Demand for medical equipment, data centres, and computers increased exponentially, contributing to a shortage in semiconductors.
The shortage in semiconductors has persisted throughout 2021 and is expected to continue into 2022, owing to the bottleneck created by Covid 19 production restrictions, drought in Taiwan, and global shipping congestion.
Here, I’ll explore the potential of the market in 2022 and do a deep dive into the fundamentals of the world’s largest pure-play semiconductor chipmaker to find out if 2022 will reward its investors.
Demand for Semiconductors to grow in 2022
The demand for semiconductors continued to grow throughout 2021, fuelled by digital transformation and propelled by the pandemic. Aside from consumer gadgets, every...