Reported 12 days ago
The semiconductor industry, essential to modern technology, is experiencing rapid growth due to increased demand for microchips driven by advancements in AI, IoT, 5G, and autonomous vehicles. Two standout stocks in this sector are Synopsys, a leader in chip design and testing with impressive revenue growth, and Nvidia, known for its dominance in GPUs which are widely used in AI applications. Both companies are expected to benefit from a booming market projected to rebound substantially in 2024 and 2025.
Source: YAHOO