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The 2 Best Semiconductor Stocks to Buy Right Now

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behindthemarkets.com

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Mon, Jul 1, 2024 01:04 PM

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AI boom is driving these stocks higher AI boom is driving these stocks higher        ?

AI boom is driving these stocks higher AI boom is driving these stocks higher                                                                                                      [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, With the artificial intelligence boom showing no signs of cooling, buy semiconductor stocks. For one, according to Precedence Research, the global semiconductor market could be worth about $1.137 trillion by 2033. That’s up from $544.78 billion in 2023. Two, until the AI boom cools – which won’t happen soon – semiconductor demand will only rise. Fueling even more upside Apple just introduced a bunch of AI projects including an upgrade to its voice assistant Siri, integration with Open AI’s Chat GPT, and new writing assistance tools. --------------------------------------------------------------- Crypto 101 [Discover the #1 Crypto for Summer 2024]( [coin book]( One coin to change your life. Experts predict this overlooked crypto could soar as the biggest financial institutions scramble to “catch up” to crypto. Early investors have a rare chance for parabolic gains. [Get the details now]( --------------------------------------------------------------- Again, with AI showing no signs of cooling, jump into semiconductor stocks such as: Company: Nvidia (SYM: NVDA) Trading at just $124 following a 10:1 split, it’s a steal Helping, analysts at Susquehanna say NVDA could test $160 a share. Rosenblatt analysts say NVDA could rally to $200 with a buy rating. All thanks to strong demand for its AI chips. Plus, earnings have been strong. In its most recent quarter, NVDA’s first quarter revenue jumped 262% year over year to $26.04 billion. Adjusted earnings per share jumped 461% to $6.12, soaring above estimates for $5.50. Even adjusted gross margins of 78.9% were above expectations of 77.2%. Guidance was expectedly strong. --------------------------------------------------------------- Goldencrest Metals [Biden’s Tax Plan Could Destroy Your Retirement Savings!](Leading economists are issuing stark warnings: The anticipated capital gains tax increase under President Biden could drastically undermine your retirement plans by 2025. [Click here to unlock your exclusive guide before it's too late.]( --------------------------------------------------------------- Company: Advanced Micro Devices (SYM: AMD) Advanced Micro Devices is another one of the hottest semiconductor stocks to buy. While the stock is struggling at the moment, I’d use the weakness as an opportunity to buy. Helping, analysts at Citi say AMD could take about 10% of the data center graphics processing units (GPU) market. "We believe AMD is using an annual product cadence to keep pace with Nvidia, and we still expect AMD to get 10% share of the data center GPU market or roughly $15.0 billion," Citi noted. --------------------------------------------------------------- Weiss Ratings [Nvidia’s Quiet $1 Trillion Pivot]( Nvidia is turning its attention to a new phase of the AI boom. And the world’s leading AI company is leaning on three silent partners to pull it off. These could be the next AI superstars. [Find out details on these three critical Nvidia partners immediately.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you own any shares of semiconductor stocks? Do you have your eye on any under-the-radar tech stocks that we might have missed? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â

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