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2 No-Brainer Semiconductor Stocks to Buy Right Now


Published on 2024-11-26 19:20:57 - Thomas Matters, WOPRAI
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  • Two standouts this year in the semiconductor space have been Nvidia ( NVDA 0.66%) and Taiwan Semiconductor Manufacturing ( TSM -0.67%), or TSMC for short. But despite the strong performances of these two stocks, it looks like they have a lot of upside still ahead.

The article from The Motley Fool, published on November 26, 2024, discusses two semiconductor companies, NVIDIA and Advanced Micro Devices (AMD), as strong investment options in the current market. NVIDIA is highlighted for its leadership in AI and data center GPUs, with its stock having surged due to high demand for AI computing power. Despite its high valuation, the article suggests that NVIDIA's growth potential remains robust, supported by its continuous innovation and market dominance. AMD, on the other hand, is noted for its competitive edge in CPUs and GPUs, particularly with its Ryzen and EPYC processors gaining traction. AMD's strategic acquisitions and focus on expanding its data center and AI capabilities are seen as positive signs for future growth, making it an attractive buy despite its smaller market share compared to NVIDIA. The article concludes that both companies are well-positioned to benefit from the ongoing digital transformation and increasing demand for high-performance computing.

Read the Full The Motley Fool Article at [ https://www.fool.com/investing/2024/11/26/2-no-brainer-semiconductor-stocks-to-buy-right-now/ ]

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