2 Semiconductor Stocks To Watch In January 2024
From Nasdaq:
The semiconductor sector plays a crucial role in driving global tech innovation, with chips powering a wide range of electronic products. Investors see potential for growth in semiconductor stocks, driven by increasing demand for advanced electronics and new tech frontiers. Despite the potential for significant gains, semiconductor stocks can also be affected by market volatility, global economic shifts, and policy changes.
Advanced Micro Devices (AMD) recently announced an earnings report, with a strong performance in Q4 2023. The company’s stock has seen an 18.10% increase in the last month of trading. NVIDIA Corporation (NVDA) is a leading technology company known for its GPUs and AI hardware and software. The company recently introduced new products aimed at enhancing generative AI performance on PCs and workstations, with its stock increasing by 14.47% in the past month of trading.
Read more: 2 Semiconductor Stocks To Watch In January 2024