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The Biden administration has been taking steps to incentivize domestic production of semiconductor chips amid the global supply chain crisis. Moreover, the growing demand for chips across most industries is expected to help the industry grow. According to an International Data Corporation report, the semiconductor market is expected to grow 17.3% in 2021.
Against this backdrop, we think it could be wise to bet on quality small-cap semiconductor stocks Camtek Ltd . (CAMT), Axcelis Technologies, Inc. (NASDAQ:ACLS), and SMART Global Holdings, Inc. (SGH). They are hovering near their new highs but still have plenty of upsides left.
