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Taiwansemiconductor

All articles tagged with #taiwansemiconductor

finance-and-investments2 years ago•4 min saved

"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•4 min saved

"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

finance2 years ago•1 min saved

"Cathie Wood's Latest Moves: Loading Up on Chip Stocks and One Cheap Stock While Dumping Tesla"

ARK Investment Management, led by Cathie Wood, purchased over $3.8 million worth of chip stocks on Monday, including over 18,500 shares of Advanced Micro Devices and over 18,000 shares of Taiwan Semiconductor. The purchase was made via the ARK Autonomous Technology & Robotics ETF and the ARK Next Generation Internet ETF. Chip stocks have seen a correction since mid-June, and AMD shares have lost over 9% in the last five trading sessions. ARK also sold over 8,200 shares of Tesla at an estimated valuation of close to $2 million.

via Benzinga|

#advancedmicrodevices #arkinvestmentmanagement #cathiewood