PLAB - 1 Tiny Stock That Could Be a Hidden Gem in the Coming Semiconductor Boom
2023-09-10 08:15:00 ET
Semiconductor manufacturing is receiving massive attention. The world needs more powerful and more power-efficient computing, and the transition to electrification (cars, the energy grid, etc.) is underway. As a result, all indications point toward chips going from about $600 billion in global annual costs today to $1 trillion or more by 2030.
Lots of equipment will be needed to support this big increase in manufacturing. Photronics (NASDAQ: PLAB) is a small company harboring a very specific niche, photomasks, but one that could be a hidden gem in the coming chipmaking boom.
Lithography is a key step in the manufacturing of chips and flat-panel displays (FPDs, LED and ultra-high-definition OLED displays). Before it becomes part of a computing system, a chip is part of a silicon wafer. These wafers undergo many manufacturing processes that create the ability for the eventual chips cut from them to conduct or insulate electricity, the foundation of computing technology.
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1 Tiny Stock That Could Be a Hidden Gem in the Coming Semiconductor Boom