Artificial intelligence (AI) has powered Nvidia (NASDAQ: NVDA) to massive gains in 2024, and that’s helped lift Taiwan Semiconductor (NYSE: TSM) shares as well. But those aren’t the only semiconductor stocks set to win from the huge growth in the industry. In this video, Motley Fool contributor Jason Hall breaks down why he owns these and two others — Texas Instruments (NASDAQ: TXN) and Wolfspeed (NYSE: WOLF).

*Stock prices used were from the afternoon of Dec. 4, 2023. The video was published on Dec. 9, 2023.

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Jason Hall has positions in Nvidia, Taiwan Semiconductor Manufacturing, Texas Instruments, and Wolfspeed. The Motley Fool has positions in and recommends Nvidia, Taiwan Semiconductor Manufacturing, Texas Instruments, and Wolfspeed. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Original: NVDA Feed: This Will Be a Trillion-Dollar Industry by 2030: 4 Stocks I Own to Profit