5 microchip stocks set to skyrocket with billions in U.S. subsidies on the horizon
GLOBALFOUNDRIES(GFS) Finbold·2024-02-01 18:06
With the AI boom sending waves throughout the industry, microchip companies and their stocks are logging record profits and production. Nvidia (NASDAQ: NVDA) is the best example of this surge, as it continues to showcase new all-time highs almost every dayAnd with the new U.S. government funding on the way, microchip producers are set to receive billions more.NVDA’s industry rivals, such as Intel (NASDAQ: INTC) and Taiwan Semiconductor Manufacturing (NYSE: TSM), could be set to receive billions in subsidies ...