5G Chip Demand Reportedly On The Rise

Demand for next-generation 5G devices is on the rise, according to DigiTimes: Taiwan-based integrated circuit design houses are seeing a slowing pace in 4G orders, the publication said Friday.

U.S. stocks that are a play on 5G include wireless firms such as Verizon Communications Inc. VZ and AT&T Inc. T.

A wide range of semiconductor companies are involved in 5G rollouts including Xilinx, Inc. XLNX, Analog Devices, Inc. ADI and Marvell Technology Group Ltd. MRVL.

According to Investors.com, when 5G smartphones hit the market, semiconductor vendors who stand to gain include Qualcomm, Inc. QCOM, Skyworks Solutions Inc SWKS, and Qorvo Inc QRVO.

Infrastructure chip vendors such as Broadcom Inc AVGO, Intel Corporation INTC could also see upside as networks are built out.

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