AI growth propels semiconductor stocks to new highs
ADIAnalog Devices(ADI) MarketBeat·2024-01-26 19:31

Key PointsSemiconductor stocks, on a long-term uptrend since October 2022, are continuing their rally.Taiwan Semiconductor kicked off a fresh bout of buying after providing a higher-than-expected full-year outlook on AI-related revenue.Chip gear maker ASML gapped up after saying it expected 2024 to be a year of setting up for bigger increases in 2025. 5 stocks we like better than AlphabetSemiconductor stocks are on a long-term uptrend that began on October 22, with analysts seeing more room for the sector t ...