US semiconductor stocks climbed from the bottom of April, surpassing the Standard Prix 500 index, and have increased by more than double the number so far in June. Huaer Street analysts believe that the growth of semiconductor stocks is expected to...
US semiconductor stocks climbed from the bottom of April, surpassing the Standard Prix 500 index, and have increased by more than double the number so far in June. Huaer Street analysts believe that the growth of semiconductor stocks is expected to continue to prolong, and even copy the energy stocks' movements in the heyday of the 1980s.
MarketWatch reported on the 26th that Melius Research analyst Ben Reitzes recently pointed out through a research report that semiconductor stocks account for 12% of the market value of the Tamp 500, and it is possible to replicate energy stocks in their heyday. At that time in 1980, energy stocks accounted for about 30% of the total market capitalization of the TOP 500. He also mentioned that NVIDIA (Nvidia Corp.) and Broadcom Inc. currently account for about three-quarters of the market value of semiconductor stocks.
Reitzes is aware that super-large cloud service providers and the dominant countries have strong demand for AI, and Reitzes believes that the progress of semiconductor stocks is expected to be further expanded from NVIDIA and Broadcom. He recently added Ultramicro (AMD) to the semiconductor stock recommendation list, calling this stock “a lot of upside” as demand for AI recommendations continues to rise.
Richard Windsor, founder of the research organization Radio Free Mobile, also published a research report on the 26th, pointing out that AI hardware and infrastructure are "really profitable areas". The outlook for chip stocks such as NVIDIA and Micron is "very quite impressive."
In the long run, Windsor predicts that many AI applications will be implemented on devices in the future, and Micron, Qualcomm Inc., CTK, and Samsung Electronics Co. Ltd. are expected to benefit from it.
Philadelphia's semiconductor index rose by 0.88% (48.16 points) and closed at 5,541.46 points, setting a new closing high since July 16, 2024; the surge so far in June has reached 16.46%.
Extended reading: NVIDIA shares hit a new high, Huang Rensheng: Robots are the largest market for potential growth Marvell raises the market outlook for customized AI chips, stock price span 7% Micron benefited from HBM, financial reporting and financial measurement 7% after-swelling
