How high are semiconductor stocks? Record an increase of up to 90% in 2 months

moomooニュース米国株 wrote a column · Mar 1, 2024 16:13

Semiconductor-related stocks have skyrocketed in the US stock market since last year.Global semiconductor-related stocks have risen about 40% in the past 3 monthsThen,The semiconductor industry's share price-sales ratio is 9 times the record highIt has reached.

How high are semiconductor stocks? Record an increase of up to 90% in 2 months

Driving the artificial intelligence (AI) boom $NVIDIA (NVDA.US)$IsMore than 3 times more performanceIt went up, and was the strongest performer in the S&P 500. This momentum has spread to the stock prices of other semiconductor companies. It was just listed on the US NASDAQ market on 9/14 $Arm Holdings (ARM.US)$The stock price closed on 2/29 at 141.04 dollars. Compared to the level at the end of September, it is 2.5 times higher,87.69% increase since the beginning of the yearI did it. $Advanced Micro Devices (AMD.US)$The stock price of increased rapidly in trading on the 29th,The total market value has exceeded 300 billion dollars (about 45 trillion yen)I did it. Other than this, the Dutch $ASML Holding (ASML.US)$and $Broadcom (AVGO.US)$ofThe stock price is 1.6 timesIt has become.

Of the 53 analysts who evaluated NVIDIA, 49 analysts “bought” or gave an equivalent evaluation even though the stock price had already broken through the average target stock price. However, since the total market value of semiconductor-related stocks has skyrocketed, the stock price-sales ratio has recorded a record high, and demand forecasts for automotive chips cannot be optimistic, investorsWe should be cautious about the rise in semiconductor-related stocksThere are also analysts who point out that.

Will the sharp rise in semiconductor-related stocks continue?
There is an overwhelming majority of bullish voices against these semiconductor-related stocks, but as Louis-Vincent Gave, CEO of Gavekal Research, says,Investors need to remain cautious. Recently, global semiconductor sales have recovered, but they have not surpassed the monthly high achieved in early 2022.

The slowdown in demand for electric vehicles is also one of the problems, and demand for in-vehicle chips is slowing down, and stock prices of low-end chip manufacturers used in automobiles and various other industrial applications are struggling.

Even so, there are many strategists who think semiconductor stocks will continue to rise strongly in the future. At the beginning of this week, Mizuho Securities analyst Vijay Rakesh raised expected stock prices for Broadcom and NVIDIA, and these stocksStrong trend due to strong consumption and demandThen I pointed it out.

Adam Parker, the founder of Trivariate Research, pointed out that these stocks are worth holding even when they close. Since it is impossible to predict when major adjustments will come, it is desirable to continue holding these stocks and get through the adjustments.