US semiconductor stocks are doing great! Will there be double digit growth next year what are the top 10 stocks with the rate of increase?
It consists of US semiconductor-related stocks in response to the increase in interest rate cut observations next year and the decline in long-term US interest rates $PHLX Semiconductor Index(.SOX.US$IsYear-to-date highs are updated every dayI did. Furthermore, the US Fed showed the end of tightening policies and interest rate cuts next year with a new interest rate and economic outlook, and the NY Dow hit an all-time high for the first time in 1 year and 11 months on the 13th, and the Philadelphia Semiconductor Stock Index also rose by about 1.5%,High price for the first time in about 2 yearsI put it on. Semiconductor stock prices are gaining momentum, $NVIDIA(NVDA.US$with $Advanced Micro Devices(AMD.US$Each has signed a contract at the beginning of the year226%、112%It has grown rapidly and is showing high performance.
Although the semiconductor sector plummeted in 2022, it recovered in 2023. 5G, cloud computing, artificial intelligence, etc.New technology has led to a rapid increase in demand for semiconductors、US-China trade frictionbrought about an imbalance between supply and demand, and at the same time that semiconductor prices and profit margins rose, the variety of semiconductor companies also increased. Analysts say the semiconductor industry continues to recover from the 2022 recession,Achieve growth in all fieldsIt is anticipated,Will 2024 also achieve positive growthand prediction.
Recently, the World Semiconductor Market Statistics (WSTS)Global semiconductor sales forecasts for this year and next were revised upwardI did. Global semiconductor sales in 2023 are approximately$5201.26 billionIt exceeded the previous forecast value of 515.095 billion dollars. 2024588.364 billion dollarsIt also surpassed the initial forecast of 575.997 billion dollars.
Meanwhile, SI (Semiconductor Intelligence) is for the fourth quarter of 20233% increase from the previous fiscal year、6% increase over the previous yearI'm expecting that. As a result,In 2024, the stage will be set to achieve double-digit growth over the previous year in each quarterThat's going to happen.
SI will also see the biggest revenue growth in 2024Memory companies (Samsung, SK Hynix, Micron)、Companies specialized in PC and computing (Nvidia, Intel, AMD)、Companies specializing in smartphones (Qualcomm, MediaTek)I anticipate that.
・Due to the resolution of the global shortage of semiconductors, supply and demand for semiconductors will expand in industries such as automobiles, home appliances, and games.
・New technologies such as 5G, cloud computing, and artificial intelligence continue to generate demand for more advanced, higher-performing chips.
・Easing US-China trade friction will improve supply chains and market access for some semiconductor companies.
・Continued subsidies and preferential treatment for domestic chip production by the US government.
・Activities such as integration, M&A, partnerships, and new product launches will increase the competitiveness and profitability of some semiconductor companies.
$Qualcomm(QCOM.US$ $Advanced Micro Devices(AMD.US$ $NVIDIA(NVDA.US$ $Lam Research(LRCX.US$ $Monolithic Power Systems(MPWR.US$ $Entegris(ENTG.US$ $KLA Corp(KLAC.US$ $Micron Technology(MU.US$ $Applied Materials(AMAT.US$
This article uses automatic translation for some of its parts
Source: Barchart, Investopedia, Semiconductor Intelligence, moomoo
ー MooMoo News Sherry
This article uses automatic translation for some of its parts
Source: Barchart, Investopedia, Semiconductor Intelligence, moomoo
ー MooMoo News Sherry
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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