Reported 4 months ago
Semiconductor stocks, including Applied Materials (NASDAQ: AMAT), ASML Holding (NASDAQ: ASML), and Taiwan Semiconductor Manufacturing Company (NYSE: TSM), experienced significant increases on Wednesday due to favorable developments in China. Applied Materials received an upgrade from Barclays, predicting robust orders for semiconductor manufacturing equipment in China and aggressive capital investment by U.S. semiconductor companies. ASML and TSMC also benefited from the positive news. With TSMC showing the fastest growth rate and the lowest PEG ratio, it emerges as the most promising investment choice among the three companies.
Source: YAHOO