Up 69% in 2024, This Red-Hot Artificial Intelligence (AI) Growth Stock Could Keep Soaring
CRUSCirrus Logic(CRUS) The Motley Fool·2024-08-25 02:00

This chipmaker is set to capitalize on the growing demand for AI smartphones thanks to its largest customer.Semiconductor specialist Cirrus Logic (CRUS 3.35%) may not be a household name like some of its industry peers, but the company has done impressively well on the market so far this year with gains of 69% as of this writing.Cirrus, which is known for supplying chips for Apple's (NASDAQ: AAPL) products, has outpaced the broader Nasdaq-100 Technology Sector index's gains of 10% by a big margin. The good ...