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Stock Power Daily — “Strong Bullish” U.S. Semiconductor Co. to Compete With China

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"Strong Bullish" U.S. Semiconductor Co. to Compete With China

  • Most semiconductors come from China and Taiwan, but the U.S. government wants to change that.

  • The global semiconductor market will reach $940 billion by 2030 — a 101.3% increase over 2020.

  • Today’s Power Stock is an American semiconductor manufacturer that rates a 93 on our proprietary system.

In 2021, Taiwan and China built 20 new semiconductor production facilities.

The United States had just four.

The U.S. government stepped in to encourage American semiconductor manufacturers to compete more with their Asian counterparts:

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You can see in the chart above that the global semiconductor market’s value will increase 101.3% from 2020 to 2030.

Last week, the U.S. Senate approved $50 billion in new subsidies to bolster U.S. chipmaking.

That’s excellent timing for today’s Power Stock, an American semiconductor manufacturer.

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