Semiconductor stocks have made lucrative investments over the past 12 months. Secular tailwinds, including the artificial intelligence (AI) craze and the consumers returning to spend on consumer electronics, could extend that rally. The tech-heavy Nasdaq Composite has surged 23.1% on a year-to-date basis. Moreover, recent macroeconomic data points to the possibility of more than one rate cut in 2024. The last few rounds of consumer price index (CPI) reports, for example, as well as jobs reports, have pointe ...