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3 Semiconductor Stocks That Can Benefit From the CHIPS Act

Intel and Taiwan Semiconductor Manufacturing are not on the list.

By Jose Najarro – Aug 8, 2022 at 10:00AM EST

Today's video focuses on GlobalFoundries (GFS 2.35%), Texas Instruments (TXN +3.00%), ASML Holdings (ASML +6.97%), and how each company can benefit from the Creating Helpful Incentives to Produce Semiconductors for America (CHIPS) Act. All three companies deal in different markets within the semiconductor industry. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of August 5, 2022. The video was published on August 7, 2022.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML Holding and Texas Instruments. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Texas Instruments Stock Quote
Texas Instruments
NASDAQ: TXN
$289.06
(+2.87%)+$8.06
ASML Stock Quote
ASML
NASDAQ: ASML
$1,543.50
(+6.97%)+$100.58
GlobalFoundries Stock Quote
GlobalFoundries
NASDAQ: GFS
$72.41
(-2.20%)-$1.63

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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