2024-04-16 04:18:47 ET
Summary
- Semiconductor stocks are standout performers so far in 2024, with investor appetite for AI stocks remaining elevated as AI chip leader Nvidia continues its streak of high growth.
- Nvidia and Micron are leading the way with 82.7% and 58.1% estimated revenue growth for the current fiscal year.
- As building blocks for AI and other developing megatrends, semiconductors remain a vital sector to track for tech investors, due to their position at the forefront of AI.
Semiconductor stocks are standout performers so far in 2024, with investor appetite for AI stocks remaining elevated as AI chip leader Nvidia continues its streak of high growth. Numerous chipmaking equipment and chip stocks outperform the broader indices on a YTD basis - sixteen have YTD gains above 20%.
For years, the Tech Insider Network has published on semiconductors being the leaders in tech as the building blocks and common denominators for the decade's largest tech trends, most notably AI and high-performance computing, but also EVs, robotics, 5G, and IoT. Our premium research urged our members to look closely at semiconductors across these trends dating back to 2019 ....
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For further details see:
Semiconductor Stocks Q4 Overview: AI Gains Heat Up