Forget Nvidia: 2 Super Semiconductor Stocks to Buy Hand Over Fist, According to Certain Wall Street Analysts

From Nasdaq: 2024-05-14 08:05:00

Nvidia (NASDAQ: NVDA) is the leader in AI adoption, with stock price gaining over 200% in the past year. Investors are now looking at other semiconductor stocks for growth beyond Nvidia. Arm Holdings (NASDAQ: ARM) delivered record results in Q4, with analysts bullish on its growth potential in AI processors.

Micron Technology (NASDAQ: MU) is another company poised for growth in AI processing, with strong revenue and demand in recent quarters. Analysts are optimistic about Micron’s outlook, citing robust pricing power and strong demand from cloud operators. Investors have the opportunity to capitalize on the AI revolution beyond Nvidia with these semiconductor stocks.



Read more at Nasdaq: Forget Nvidia: 2 Super Semiconductor Stocks to Buy Hand Over Fist, According to Certain Wall Street Analysts