The most valuable and in-demand product on the planet right now isn’t an EV, smartphone or game console. It’s semiconductors — a key component found in all of these devices and every other high-tech product on the market. A global shortage of semiconductors is having a huge ripple effect. Car manufacturers are idling plants because they can’t get the chips they need. Smartphone releases have been delayed. The price of TVs is going up by as much as 30%.

This demand isn’t going anywhere. If anything the demand for semiconductors is only going to increase. That makes the companies involved in the production of semiconductors a very smart investment for a growth-focused portfolio.

As such, I’ve put together a list seven semiconductor stocks that would make great choices:

  • Applied Materials, Inc (NASDAQ:AMAT)
  • Corning Incorporated (NYSE:GLW)
  • Lam Research Corporation (NASDAQ:LRCX)
  • Micron Technology, Inc. (NASDAQ:MU)
  • NVIDIA Corporation (NASDAQ:NVDA)
  • Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)
  • United Microelectronics Corp (NYSE:UMC)
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Unless you are the one who really cares about this, it is not terribly important. What all matters are how your hybrid mobile application development is going to work in the long run as no one will care about how it was built. A hybrid mobile application is said to be good if it performs well for its users.