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Behind any promising and breakthrough innovation and technology, there is a microchip that shook the world. Millions of electronic devices today rely on chips, also known as semiconductors.
The most advanced chips are almost 14 nm, thousands of times smaller than a grain of sand thanks to the latest advancements in technology. Global semiconductor spending reached USD 440 billion in 2020. It is expected to go far beyond in the upcoming years since the world is on the edge of the digital era.
The semiconductor companies spend most of their budget on research and development activities to change people’s lives drastically. Investment in these companies is crucial to sustaining the production line.