London, UK, 4 Sep 2021, ZEXPRWIRE – The semiconductor industry has been a hot topic in the stock market and many investors are interested. This shouldn’t be surprising to us since our lives revolve around technology, with smart devices like phones and home appliances using chips every day. FinancialCentre broker, Nick Johnson, says that keeping up is difficult for chip manufacturing companies but that’s why it makes sense as an investment opportunity – just look out at all of these modern conveniences!
Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) plans to invest $100 billion over the next three years, as it tries to meet soaring demand. Intel Corporation (NASDAQ: INTC), too, announced a plan of investing $20 billion in its advanced chip-making capacity while aiming at reasserting its position as leader of the semiconductors industry. With all this momentum on prices for such stocks now and these investments being made by influential companies like TSMC and Intel Corp., here are four top semiconductor stocks currently available – Skyworks Solutions Incorporated (SWKS), Microchip Technology Incorporated (MCHP), Qualcomm Atheros inc. (QCOM) & Broadcom Limited (AVGO).
Advanced Micro Devices, Inc.
This year, AMD has seen its stock rise by 50% on the strength of its new and improved computer processors. Hundreds of millions of consumers use this technology to improve efficiency in both business and personal lives.
AMD stock rose by 5.55% after learning that Alphabet’s subsidiary Google Cloud chose the newest data center chip from AMD to launch their new service. The partnership between Google and AMD has resulted in T2D (The first instance of a family of Tau Virtual Machines powered with 3rd Gen EPYC processors), which offers 56% higher absolute performance than other cloud providers for scale-out workloads.
Now that AMD’s EPYC processors will be powering Hewlett Packard Enterprise Co’s (NYSE: HPE) Alletra 600, it is a good time to invest in the company. The cloud-native data infrastructure storage solution powers business-critical applications with the cloud experience and has been well received by customers worldwide. In fact, there are so many companies who want to buy from AMD right now because of its technological advancements which make this an excellent opportunity for investors looking forward to!
The trending tech giant, Nvidia (NVDA) shares are trading at an all-time high. The stock increased by over 33% within the past month because it is doing well in its core businesses of gaming and professional products with strong bullish momentum seen recently among investors for this company’s growth potentials.
Next up, we have the trending tech giant, NVIDIA. For those unfamiliar, they design GPUs for both gamers as well as professionals who use them to create graphics on a large scale or simply upgrade their computer systems to enable more powerful capabilities like 4k visuals or virtual reality experiences/products. They also manufacture system-on-a-chip units that are incorporated into mobile computing devices such as smartphones and tablets though not limited there and even automotive markets.
Nvidia’s CEO Jensen Huang announced the company will invest at least $100 million on a supercomputer in the United Kingdom. The investment could just be “the starting point” according to him. This is because he revealed that they are also acquiring U.K.-based chip technology firm Arm Ltd for 40 billion dollars from Japan-based SoftBank Group Corp., and this may lead to more investments down the road after some testing has been done with their new acquisition first. Nvidia is optimistic about the regulatory approval and deals with Arm, despite pushback from competitors. Once it goes through, Nvidia could take advantage of new markets.
Nvidia’s recent financial figures are impressive. The company posted a strong increase in revenue to $5.66 billion from the previous year of $2.76 billion, an 84% YOY growth rate, and gaming brought in over half that total at just under 3/4s with 2 billion dollars raised for this quarter alone! Nvidia has also released some exciting new developments such as their RTX line which is used by many prominent companies including Microsoft and EA Games so make sure you consider NVDA stock when looking into semiconductor stocks because it offers a lot right now!
Xilinx is a company that has been around for over 30 years. Although they have seen some rough patches, the future looks promising with their increased stock prices and new technologies such as 5G being implemented in cell phones nationwide. If you had invested one year ago during Xilinx’s low point of 2017 to today (June 2018), your investment would now be worth 40% more than what it was when you originally purchased this stock!
When Xilinx acquired Silexica last week, it was in line with its long-term goal to accelerate the path from software to application-optimized hardware systems. This acquisition will allow developers to use C/C++ programming language and analysis tools on FPGA technology as part of their workflows for developing sophisticated applications that can run on a single piece of silicon.
In May, Xilinx announced its record-breaking quarterly and fiscal 2021 financial results. The company posted revenue of $851 million in the quarter which represented an increase of 13% year-over-year. Additionally, net income was recorded at $188 million representing 16% growth from previous years’ earnings reports.
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