Semiconductor stocks

Missed Out on Nvidia? 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold for a Decade or Longer

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Missed Out on Nvidia? 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold for a Decade or Longer

Semiconductor stocks have been on fire ever since ChatGPT was launched in late 2022. Since then, a slew of new generative artificial intelligence (AI) applications have made cutting-edge graphics processing units that can handle accelerated applications a hot commodity. As Nvidia (NASDAQ: NVDA) is the leader in that subset of the chip market, its sales …

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TSMC Outlook Drives $165 Billion Chip Rally in 2024 Rebound Bet

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TSMC Outlook Drives 5 Billion Chip Rally in 2024 Rebound Bet

(Bloomberg) — Semiconductor stocks from Tokyo Electron Ltd. to Nvidia Corp. gained more than $160 billion of market value after Taiwan Semiconductor Manufacturing Co.’s outlook for capital spending and revenue lifted hopes of a broad tech recovery in 2024. Most Read from Bloomberg TSMC’s better-than-projected numbers underscored expectations for a bounce-back in smartphone, chip and …

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