Reported about 1 year ago
During the first half of 2024, two AI semiconductor stocks, Nvidia and Arm Holdings, saw significant surges in share prices by 150% and 122% respectively. However, Wall Street has differing predictions for the second half, with concerns about a potential crash, especially for Arm Holdings, which is estimated to have a 28% downside. Nvidia is recognized for its market leadership in data center GPUs and AI processors, showing a promising growth outlook. In contrast, Arm Holdings, the market leader in smartphone and mobile processors, faces a more expensive valuation and a cautious stance from investors about a potential decline in share value.
Source: YAHOO