From Nasdaq, Inc.: 2025-02-21 01:24:00

The semiconductor industry saw record sales of over $600 billion in 2024, driven by demand for AI technology. Growth is expected to continue, with the industry projected to reach over $2 trillion in revenue by 2032. Nvidia, the largest semiconductor company, is poised for significant growth, controlling 85% of the AI chip market. ASML Holding, a key player in chipmaking equipment, saw a surge in demand for its EUV machines, with revenue expected to jump to €44-60 billion by 2030. Both companies offer potential for long-term investment growth in the thriving semiconductor market.



Read more at Nasdaq, Inc.: 2 Semiconductor Stocks That Could Help Set You Up for Life