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Bank of America Names 6 Must-Have Chip Stocks to Watch in AI and EV Boom by 2025


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Published in Stocks and Investing on Monday, December 16th 2024 at 20:01 GMT by EconoTimes   Print publication without navigation

  • Bank of America has unveiled its 2025 semiconductor outlook, forecasting a $725 billion industry fueled by AI and EV growth. Highlighting six top chip stocks, including NVIDIA and ON Semiconductor, the bank

Bank of America has identified six semiconductor companies as critical investments to watch due to their potential in the burgeoning AI and electric vehicle (EV) markets by 2025. These companies are expected to benefit from the increasing demand for chips used in AI applications and EV technology. The article highlights the strategic importance of these stocks in light of the projected growth in these sectors, driven by trends like autonomous driving, smart cities, and advanced computing needs. The stocks mentioned include industry leaders like Nvidia, known for its GPUs pivotal in AI, and others like Qualcomm, which is expanding into automotive chips. The analysis suggests that these companies are well-positioned to capitalize on the technological advancements and market shifts towards more integrated, intelligent, and sustainable solutions.

Read the Full EconoTimes Article at:
[ https://www.econotimes.com/Bank-of-America-Names-6-Must-Have-Chip-Stocks-to-Watch-in-AI-and-EV-Boom-by-2025-1697102 ]

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