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Semiconductorstocks

All articles tagged with #semiconductorstocks

finance-and-investments2 years ago

"3 Chip Stocks Poised to Outperform Nvidia in 2024"

Nvidia's exceptional performance in 2023, driven by the AI boom, saw its stock soar by 239%, but looking ahead to 2024, three other chip stocks could potentially outperform Nvidia. Advanced Micro Devices (AMD) is poised to challenge Nvidia with its new AI accelerators and recent AI-focused acquisitions. ACM Research, a company specializing in semiconductor wafer cleaning, could benefit from increased technical demands in AI chip production. Taiwan Semiconductor (TSMC), the world's largest contract semiconductor foundry, is expected to see growth from the AI sector and is well-positioned for a broader chip sector recovery in 2024. These companies may offer attractive investment opportunities as they gear up to meet the expanding AI market demands.

via Yahoo Finance|
##acmresearch#amd
business-and-finance2 years ago

"3 Chip Stocks Poised to Outperform Nvidia in 2024"

Nvidia dominated the AI chip market in 2023, but Advanced Micro Devices (AMD), ACM Research, and Taiwan Semiconductor (TSMC) are poised to challenge its lead in 2024. AMD's new Instinct MI300 AI accelerators and strategic acquisitions position it as a strong contender. ACM Research, with its semiconductor wafer cleaning technology, is set to benefit from the increasing complexity of AI chips, especially in China. TSMC, as the world's largest contract semiconductor foundry, is expected to see growth from the AI sector and a broader chip sector recovery. All three companies have shown impressive financial performance and are anticipated to potentially outperform Nvidia in the coming year.

via The Motley Fool|
##acmresearch#amd
business-and-finance2 years ago

"Nvidia's Soaring Success: The 2024 Tech Stock to Watch"

Nvidia and AMD are poised for growth in 2024 due to a projected rebound in the PC market and increasing demand for AI chips. Nvidia's gaming revenue and AI-focused developments, alongside AMD's success with Ryzen AI PC processors and collaboration with Microsoft on Windows advancements, are key factors driving their positive outlook. Analysts predict significant revenue increases for both companies, suggesting a strong investment opportunity in these semiconductor stocks.

via The Motley Fool|
##aichips#amd
business-and-finance2 years ago

"Nvidia and AMD Poised for Soaring Growth Amid AI Chip Demand"

Nvidia and AMD are poised for significant growth in 2024, driven by a rebound in the PC market and increasing demand for AI chips. With Nvidia dominating the discrete graphics card market and AMD expanding its presence in AI data center chips and PC processors, both companies are expected to benefit from new AI-enabled PCs and the need for Windows 11 upgrades. Analysts predict a compound annual growth rate of 3.1% for the PC market through 2027, indicating a strong potential for Nvidia and AMD stocks to soar, making them attractive investment opportunities.

via Yahoo Finance|
##amd#artificialintelligence