Semiconductor stocks like Marvell, Broadcom, Astera Labs on the rise with bullish sentiment from AI leaders.

From Nasdaq: 2024-12-16 02:49:00

Semiconductor stocks like Marvell, Broadcom, and Astera Labs are on the rise due to bullish sentiment from AI leaders. Key reasons to own semis include robust forward estimates, high margins, smart money sponsorship, historical seasonality, and big base breakouts, signaling a potential uptrend in 2025. Investors should consider these factors for potential gains.

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Read more at Nasdaq: Zacks Investment Ideas feature highlights: Marvell, Broadcom, Astera, Advanced Micro Devices and Semiconductor ETF