"Nvidia's Upcoming Results: JPMorgan Tips Three European Chip Names for Gains"

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Source: MarketWatch
"Nvidia's Upcoming Results: JPMorgan Tips Three European Chip Names for Gains"
Photo: MarketWatch
TL;DR Summary

JPMorgan analysts anticipate VAT Group, ASML Holding, and ASM International to offer strong prospects for investors as the microchip market shows signs of improvement, particularly in the memory chip segment. These Europe-based semiconductor companies, focused on manufacturing equipment for advanced microchips, are expected to benefit from the market upturn, while those more exposed to the auto and tech industries may continue trading at subdued levels. As Nvidia prepares to release its quarterly results, investors are eagerly awaiting insights into the health of the global chip market amid excitement around a potential AI-driven boom.

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