Three semiconductor stocks with growth potential: Axcelis Technologies, Intel, and Broadcom.

From Nasdaq: 2024-05-26 05:14:00

Looking to diversify your portfolio with some high-performing semiconductor stocks? Here are three to consider. Axcelis Technologies manufactures ion implantation devices for chipmaking, including silicon carbide used in consumer electronics and EVs. Intel is expanding into third-party chipmaking and controls a large share of the processor market. Broadcom specializes in communications tech, particularly for AI data centers, showcasing strong growth potential. Analysts expect Broadcom to report 41% revenue growth this year, with Intel and Axcelis also primed for growth in the future.



Read more at Nasdaq: 3 Millionaire-Maker Semiconductor Stocks | Nasdaq