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A Market Led by Semiconductors Is a Good Market, Says Jim Cramer

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Real Money Stock of the Day Taiwan Semiconductor Manufacturing Company (TSM) - Get Taiwan Semiconductor Manufacturing Company Ltd. Report , one of the world's biggest chipmakers, will reportedly ramp up its 7 nanometer production rates thanks to renewed strength in orders for Android devices. The accelerated pace could see TSMC running at full capacity by the third quarter, the Digitimes reported, suggesting industry forecasts of a second half turnaround in global chip demand could prove accurate. Both Apple Inc. (AAPL) - Get Apple Inc. Report and China's Huawei, the world's second-largest smartphone marker, use 7nm chipsets in their latest devices.

Jim Cramer took a step back from the specific semiconductors and weighed in on the sector in general.

He said that investors should be paying attention to semiconductors because "a market led by semiconductors is a good market."

Cramer continued to say that semiconductors "are now the internet of things."

Watch to see Cramer's breakdown and investors looking to get into this space can also head over to Real Money to check out analysis from various stock market experts.

Related. Semiconductor Stocks Surge as Taiwan Semi Signals Smartphone Strength

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