Chipmaker stocks rally to new highs — here’s what investors should know скачать в хорошем качестве

Chipmaker stocks rally to new highs — here’s what investors should know

AI-based tech stocks have seen an unprecedented rally in US markets, with Nvidia (NVDA) leading the charge. While some fear that what goes up must come down, other investors believe these stocks still have room to grow. Mizuho Americas Desk Based Analyst Jordan Klein and KeyBanc Capital Markets Equity Research Analyst John Vinh join Yahoo Finance to discuss how far the momentum can go and which names are best positioned to outperform the broader trend. Vinh explains that while companies such as Marvell Technology (MRVL) and Broadcom (AVGO) recorded increases from AI-related businesses, the gains did not compensate for worse-than-expected performance in other domains: "Both Marvell and Broadcom reported overnight... their AI businesses grew well over 100% for each of those companies but obviously in the near term we are going through kind of a broader inventory correction, particularly on enterprise, seeing some de-stocking activity there. So obviously in the near term it's obviously not enough to offset some of those sort of headwinds, but I think longer term I think if you are an AI bull we certainly still have conviction in the longer term stories related to these AI names. As investor sentiment on semiconductors begins to resemble a frenzy, Klein relays some of his uneasiness regarding the momentous tech rally: "I'm uneasy just because of the way the stocks are trading. I'm not uneasy at all about the fundamentals, what some of these companies are saying and doing particularly Nvidia and AMD (AMD) and Broadcom and Marvell or the memory companies or semi-cap equipment. I think there is a real long runway for further growth and upside, but I'm always fearful when you get this fear of missing out kind of chase mentality amongst investors." #yahoofinance #stocks #investing About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X:   / yahoofinance   Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook:   / yahoofinance   LinkedIn:   / yahoo-finance