2 Semiconductor Stocks To Watch This Upcoming Week


Over the previous decade, semiconductor stocks have been a scorching commodity for traders. Why? Because of their potential for top returns and their use in key applied sciences like AI, 5G, autonomous driving, and extra. But with so many alternative semiconductor corporations on the market from business giants like Intel (NASDAQ: INTC) and Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) to smaller gamers like Marvell Technology Group (NASDAQ: MRVL) and Micron Technology (NASDAQ: MU). It will be arduous to determine which shares are value investing in. Let’s check out what that you must find out about semiconductor shares.

When researching semiconductor shares, there are a number of elements that you must probably take into account. These embrace market measurement and progress price, aggressive panorama, financials (together with income progress price), administration group, product portfolio and improvement pipeline.

Additionally, it’s essential to take a look at how the corporate’s merchandise stand out from these provided by its rivals. All of those elements will enable you to determine whether or not a specific semiconductor stock is value investing in or not. With that thoughts, listed here are two semiconductor shares to observe within the stock marekt today.

Semiconductor Stocks To Watch This Week

Advanced Micro Devices (AMD Stock)

Leading off, Advanced Micro Devices (AMD) is a supplier of pc processors and graphics playing cards. The firm has a powerful presence within the semiconductor business. You can discover AMD’s processors in a broad number of units. For instance, PCs, gaming consoles, and information facilities. As effectively as the corporate’s graphics playing cards are being utitlized in gaming, skilled visualization, and information heart purposes.

In December, Advanced Micro Devices acquired a SEAL Sustainable Product Award for its revolutionary merchandise that contribute to a sustainable future in information facilities. The award acknowledges AMD’s dedication to sustainability and its purpose of considerably rising the power effectivity of its processors and accelerators to be used in high-performance computing and synthetic intelligence coaching by 2025. The award is given by the SEAL Business Sustainability Awards. They honor corporations for his or her management, innovation, and dedication to sustainable enterprise practices.

Meanwhile, as of this earlier Friday’s shut, shares of AMD stock are buying and selling at $64.52 a share.

Source: TD Ameritrade TOS

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Nvidia Corp. (NVDA Stock)

Next, Nvidia (NVDA) is a supplier of graphics processing models (GPUs). The firm has a powerful presence within the gaming, skilled visualization, and information heart markets. The firm’s GPUs are discovered in numerous purposes together with gaming, AI, and machine studying.

In November, Nvidia reported its third quarter 2023 monetary and working outcomes. Diving in, the tech big reported earnings per share of $0.57, and income of $5.9 billion for Q3 2023. Fo context, Wall Street’s consensus estimates for the third-quarter of 2023 have been earnings of $0.67 per share, on income estimates of $5.8 billion. Additionally, Nvidia mentioned it now expects This fall 2023 income of $5.88 billion to $6.12 billion.

Moving alongside, as of this previous Friday’s closing bell shares of NVDA stock are at present buying and selling at $152.06 a share.

Source: TD Ameritrade TOS

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.

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