2 Cheap Chip Stocks to Cash in on 5G Network
Posted On March 13, 2019 12:14 pm
New 5G mobile networks are coming. The first commercially available service launched in late 2018, setting off a race to build out infrastructure and gain new network supremacy among mobile companies. Research group IDC predicts that worldwide 5G infrastructure and related hardware spending will increase at an average annual compound rate of 118% between 2018 and the end of 2022, coming in at $26 billion in 2022 — up significantly from $528 million in 2018.
That’s a huge potential wave for investors to ride, and one of the best means of cashing in could be the companies that help build the hardware itself. Two such companies are…
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