Forget Nvidia: 2 Tech Stocks to Buy Instead

07:15am, Wednesday, 31'st Jul 2024
Nvidia relies heavily on TSMC for its GPU manufacturing. TSMC expects AI chips to be around 20% of its total revenue within the next five years.
Semiconductor companies were digesting good news from both earnings and geopolitics.

7 Stocks Set for a Major Bull Run

06:22am, Wednesday, 31'st Jul 2024
Understanding companies' fundamentals is vital for evaluating top stocks to buy. It helps one to make sharp investment decisions based on financial health, growth potential and competitive advantages.
Growth stocks, known for rapid expansion and solid market positions, have outperformed for years. Despite not being market leaders yet, they possess the potential to dominate.
TSMC is the world's leading semiconductor contract manufacturer. The company has benefited from the rise in demand for AI-related chips.
In 2008, Apple (NASDAQ: AAPL ) became the first U.S.-traded company to reach a $1 trillion market valuation. Today, there are seven trillion-dollar companies, mostly in tech.
Investing in the technology sector continues to be an excellent choice overall. This chart shows the sector-by-sector returns from the S&P 500 between 2009 and 2023.
LONDON & TORONTO--(BUSINESS WIRE)--Alphawave Semi (LSE: AWE), a global leader in high-speed connectivity and compute silicon for the world's technology infrastructure, has launched the industry's firs
Tech stocks have consistently been in the spotlight over the past couple of years, driving the bulk of the market's bullish rally with remarkable advancements in AI, in particular, fueling innovation
Nvidia stock remains below a closely watched moving average but analysts raised their annual profit estimates on the chip and AI leader.
Many chipmakers rely on Taiwan Semiconductor's fabrication processes to bring their chips to life. Given the potential of AI-powered chips, TSMC's best days appear very much to be ahead.
TSM is the largest chip-set manufacturer for NVDA, AMD, AAPl, INTC, AVGO.
Markets have been a bit chaotic over the last few days. That's because investors have been rotating out of blistering-hot tech stocks, like Nvidia (NASDAQ: NVDA ), Microsoft (NASDAQ: MSFT ), Apple (NA
Shares in chipmakers and the semiconductor sector have recently experienced a significant pullback. The VanEck Semiconductor ETF NYSE: SMH, a leader with over 37% gains year-to-date, has entered corre
Averaging just above 8.5% annual returns could get TSMC in the $2 trillion club. TSMC's business segment, which contains its AI-related revenue, increased 28% from the previous quarter.
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