With that in mind, Nvidia (NASDAQ: NVDA) and Texas Instruments (NASDAQ: TXN) look like two smart long-term investments. Pandemic-driven supply chain disruptions have negatively affected numerous industries, reducing inventory levels and putting inflationary pressure on the economy. More importantly, semiconductors play a critical role in virtually every sector of the economy, from established industries like auto manufacturing and consumer electronics to emerging technologies like artificial intelligence and the metaverse.