2 Super Semiconductor Stocks (Besides Nvidia) to Buy Hand Over Fist in 2024
Artificial intelligence (AI) is a dominant stock market theme right now. The technology wouldn't be possible without advanced semiconductors, which is why Nvidia stock soared 239% in 2023, making it the top performer in the S 500.
Nvidia's industry-leading data center chips remain in hot demand, but 2024 might be the year several other semiconductor stocks benefit from the AI revolution. The data center will remain critical to developing AI, but the technology is quickly progressing to edge devices, like computers and smartphones, creating an entirely new opportunity.
Here's why investors might want to buy shares of Advanced Micro Devices (NASDAQ: AMD) and Micron (NASDAQ: MU) this year.
Source Fool.com
Advanced Micro Devices Inc. Aktie
138,46 €
1,55 %
Starke Kaufneigung bei Advanced Micro Devices Inc., mit mehr Buy- als Sell-Einschätzungen.
Die Community erwartet für Advanced Micro Devices Inc. ein Kursziel von 176 €, was eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 138.46 € bedeuten könnte.
