Antonio Bordonovi
Chipmakers and designers like NVIDIA (NASDAQ: NVDA), semiconductor manufacturing in Taiwan (New York:TSM) and broadcomNASDAQ: AVGOIts shares have seen impressive gains over the past few months, largely due to the AI revolution that has increased demand for its products.
since At the beginning of the year, NVIDIA (NVDA program) Its shares rose 161%, while TSM shares roseTSM) rose by 80% and Broadcom (I am bored) 52%. Advanced Micro Devices CompanyNASDAQ:AMD) and Marvel (NASDAQ:MRVL) It also made big gains, with shares of both companies up more than 20% since the beginning of the year.
Which brings us to the investment question SA is asking today: What are the best chip stocks to invest in right now?
We asked South African analysts Jonathan Weber, Michael Del Monte, Uttam Dee and Jerry Wang of JR Research for their picks.
Jonathan Weber: For pure AI exposure, NVIDIA (NVDA) is king. For broader exposure, I like Taiwan Semiconductor Manufacturing Company (TSM) because it benefits from growth across all types of chipmakers, including NVIDIA (NVDA), AMD (AMD), and many others. However, there are some geopolitical risks to investing in TSM (TSM), which should not be ignored.
Michael Del Monte: NVIDIA (NVDA) is the clear winner in the GPU race. AMD (AMD) is a close second with Intel (NASDAQ:INTC) in a clear attempt to avoid this at all costs. Micron TechnologyNASDAQ:MO) Still has significant growth potential. Broadcom (AVGO) plays a critical role in virtual networks and infrastructure. QUALCOMM (NASDAQ:QCOM) will be left behind by stagnant smartphone sales.
Uttam Day: Which chip company can continue to benefit from expanding capital spending or growing end-user markets? AMD (AMD), QUALCOMM (QCOM), Impinj (NASDAQ:PI) All of which are seeing their end markets grow or accelerate again. On the other hand, TSM (TSM), NVIDIA (NVDA), and Broadcom (AVGO) will continue to benefit from growing data center capital spending, which is expected to grow 38% annually to reach $1 trillion by 2027.
Jerry Wang: I think NVIDIA (NVDA) is the AI company, so it makes sense for them to have core expertise. AMD should also expand their market share. Networking companies like Broadcom (AVGO) and Marvell (MRVL) are also major players. Don’t forget TSM, a leading processor maker.