Your current phone won't be able to work on 5G.
The market for 5G semiconductors will boom to nearly $19 billion by 2022, up from $593 million last year, Bank of America/Merrill Lynch said in a March report.
"In terms of timing, first to be involved will include companies exposed to test/measurement and front-haul including Xilinx (XLNX), Analog Devices (ADI), Marvell Technology Group (MRVL), and Infineon."
In addition, infrastructure chip vendors such as Broadcom (AVGO) and Intel (INTC) will see upside as networks are built out, says the Bank of America report. When 5G smartphones and mobile devices hit the market, among the semiconductor vendors to gain will be Qualcomm(QCOM), Broadcom, Skyworks Solutions (SWKS), and Qorvo (QRVO).
Qualcomm is expected to supply chips for Apple 5G iPhones rolled out in 2020.5G apps could boost demand for Apple iPhones.
Research firm Gartner expects more than 77 million 5G phones to be sold worldwide in 2020,with the total rising to 230 million units in 2021 and 840 million in 2023. By 2022, Cisco Systems (CSCO) estimates that 12% of all global mobile traffic will come from 5G connections.
5G networks will connect to fiber-optic networks. That will provide reliability for emerging automotive, robotics and medical applications. Potential 5G stocks to buy include Corning (GLW), Ciena (CIEN), Acacia Communications (ACIA) and other fiber-optic players.
Crown Castle (CCI) makes "small-cell" radio antennas for 5G services in urban areas.
Source: Internet, https://www.investors.com/news/technology/5g-stocks-5g-wireless-stocks/
My personal favorites?
or just $SOXL? :-)
Reading all this, do expect consolidation in this industry.
Disclosure: I am/we are long SWKS, VZ, AVGO.
Additional disclosure: Inspired by @Blury8 - #FiveGPlay you Savages! :-)