 With President Joe Biden expected to sign a spending bill designed to bolster the domestic semiconductor industry in light of the Covid-19 pandemics supply chain disruptions, several chip stocks have grabbed the spotlight to start the month of August. While not every company has benefitted from the development, shares of Advanced Micro Devices NASDAQ: AMD , Nvidia NASDAQ: NVDA , Taiwan Semiconductor NYSE: TSM and ON Semiconductor NASDAQ: ON have captured investors attention. 