The global semiconductor industry has shown positive growth in the past few decades due to the increased demands of cutting-edge electronic devices such as wireless communication products, laptops, desktops, etc. This industry is going well and will continue to do so in the future due to the emergence of new technological advancements. The semiconductors industry has a diverse customer base and as a supplier, this industry has more bargaining power.

The semiconductors industry is enjoying huge profits due to the increasing demands of its products. It is found that the next-generation 5G technology is projected to impact semiconductors vendors.  So it is necessary for this industry to focus on this technology. Another technology that will affect the industry is Artificial Intelligence. Check out the 7 leading companies in the semiconductor industry to see whether they are following these technologies or not:

Intel Corporation (NASDAQ: INTC)

Intel Corporation (NASDAQ: INTC) shares were trading up 0.75% at $53.90 at the time of writing on Thursday. Intel Corporation (NASDAQ: INTC) share price went from a low point around $43.63 to briefly over $69.29 in the past 52 weeks, though shares have since pulled back to $53.90. INTC market cap has remained high, hitting $227.92B at the time of writing, giving it a price-to-sales ratio of more than 2.

Intel Corporation (INTC) has launched new securities technologies to help secure sensitive workload. If we look at the recent analyst rating INTC, Standpoint Research upgraded coverage on INTC shares with a Buy rating and a $56.59 price target, which implies room for 2.69% upside momentum this year.

Advanced Micro Devices Inc. (NASDAQ: AMD)

Advanced Micro Devices Inc. (NASDAQ: AMD) last closed at $79.42, in a 52-week range of $30.83 to $94.28. Analysts have a consensus price target of $80.79. Advanced Micro Devices Inc. (AMD) has announced earlier that t has decided to share third quarter 2020 financial results on October 27, 2020. Advanced Micro Devices Inc. (AMD) market cap has remained high, hitting $93.20 Billion at the time of writing.

Micron Technology Inc. (NASDAQ: MU)

Micron Technology Inc. (NASDAQ: MU) stock soar by 2.01% to $54.38. The most recent rating by Deutsche Bank, on October 13, 2020, is at a Buy. Micron Technology Inc. (MU) has announced earlier that it has launched uMCP5, the industry-first universal flash storage multichip package with low power DDR5.

NVIDIA Corporation (NASDAQ: NVDA)

NVIDIA Corporation (NASDAQ: NVDA) shares headed falling, lower as much as -1.21%. The most recent rating by New Street, on October 09, 2020, is at a Sell. NVIDIA Corporation (NVDA) has revealed that its AI computing platform has shown strong performance in the latest round of MLPerf. NVIDIA Corporation’s market cap has remained high, hitting $333.53 Billion at the time of writing.

Marvell Technology Group Ltd. (NASDAQ: MRVL)

Marvell Technology Group Ltd. (NASDAQ: MRVL) rose 1.58% after gaining more than $0.64 on Thursday. Marvell Technology Group Ltd. (MRVL) has earlier launched the automotive gigabit Ethernet PHY solution.

Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM)

Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) last closed at $88.21, in a 52-week range of $42.70 to $91.27. Analysts have a consensus price target of $77.27. Taiwan Semiconductor Manufacturing Company Limited (TSM) has moved up 106.58% from its 52-weeks low and moved down -3.35% from its 52-weeks high.

United Microelectronics Corporation (NYSE: UMC)

United Microelectronics Corporation (NYSE: UMC) stock soar by 8.75% to $5.84. The most recent rating by Credit Suisse, on October 12, 2020, is at an Outperform. United Microelectronics Corporation (UMC) share has fluctuated between the 52-weeks low range of $2.10 and a high range of $5.91. It has a total market capitalization of $15.28 billion at the time of writing.