What Is the Best Semiconductor Stock to Buy Now? Our 3 Top Picks

InvestorPlace2023-03-02

Artificial intelligence is a hot topic today and while companies try to make the most of it, here are three semiconductor stocks to load up on.Nvidia (NVDA): The chipmaker could be the biggest ...

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Comments

BKT
2023-03-02
BKT
Pls like thanks
Longs
2023-03-02
Longs
👌🏼🙏🏼
MIe
2023-03-02
MIe
Chips upside
SanWangtikup
2023-03-02
SanWangtikup
Tsmc
Ratt
2023-03-02
Ratt
Nvda I can understand, but when the other two come on board
Tomillions
2023-03-02
Tomillions
Ok

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Our 3 Top Picks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-02 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/03/nvda-tsm-intc-what-is-the-best-semiconductor-stock-to-buy-now-our-3-top-picks/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Artificial intelligence is a hot topic today and while companies try to make the most of it, here are three semiconductor stocks to load up on.Nvidia (NVDA): The chipmaker could be the biggest ...</p>\n\n<a href=\"https://investorplace.com/2023/03/nvda-tsm-intc-what-is-the-best-semiconductor-stock-to-buy-now-our-3-top-picks/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0320765059.SGD","symbol_name":"FTIF - Franklin US Opportunities A Acc SGD","start_time":0,"source_url":"https://investorplace.com/2023/03/nvda-tsm-intc-what-is-the-best-semiconductor-stock-to-buy-now-our-3-top-picks/","article_id":"2316213625","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2316213625","pubTimestamp":1677734978,"sourceInfo":{"source_id":"investorplace","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Artificial intelligence is a hot topic today and while companies try to make the most of it, here ar","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","BK4587":"ChatGPT概念","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4543":"AI","LU0541501648.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","BK4527":"明星科技股","BK4550":"红杉资本持仓","LU1923622614.USD":"Natixis Thematics Meta R/A USD","BK4526":"热门中概股","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4141":"半导体产品","LU0541502299.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"I\" (USD) ACC","BK4503":"景林资产持仓","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","BK4551":"寇图资本持仓","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","INTC":"英特尔","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","BK4505":"高瓴资本持仓","NVDA":"英伟达","BK4581":"高盛持仓","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","BK4549":"软银资本持仓","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","SG9999004220.SGD":"Nikko AM Shenton Asia Dividend Equity Fund  SGD","BK4528":"SaaS概念","BK4554":"元宇宙及AR概念","TSM":"台积电"},"translate_title":"现在买什么半导体股票最好？我们的三大精选","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1,"TSM":0.9,"INTC":0.9},"content_text":"Artificial intelligence is a hot topic today and while companies try to make the most of it, here are three semiconductor stocks to load up on.Nvidia (NVDA): The chipmaker could be the biggest beneficiary from the AI boom led by ChatGPT.Taiwan Semiconductor (TSM): Already a leader in the industry, Taiwan Semiconductor is a cash-rich company ready to make big moves in the tech space.Intel (INTC): Intel stock looks like it has bottomed out and the worst is over for the company.Source: ShutterstockSemiconductors are a huge part of our lives and integral to all the devices we use daily. There will always be a demand for semiconductors, which will continue to rise as long as technological advancements exist. As per the Semiconductor Industry Association, the global sales of semiconductors in 2022 reached $573.5 billion, the highest-ever annual total. Now is the time to put your money to work and own the best semiconductor stock for long-term gains.Despite being affected by the market turmoil, China lockdowns, and the transition to work from home, the semiconductor industry is reporting strong growth in terms of sales. With inflation cooling, we can soon see a rise in the demand for semiconductors, which will come from smartphones and electric vehicles. The CHIPS Act has also brought a lot of enthusiasm to the industry, and it could benefit several chipmakers in the near term.The industry is expected to reach $1 trillion by the end of 2030, which means now is a good time to load up on semiconductor stocks and enjoy an early-mover advantage. Here are the three best semiconductor stocks to buy.NVDANvidia$226.73TSMTaiwan Semiconductor$88.60INTL Intel$25.54Nvidia (NVDA)Source: Michael Vi / Shutterstock.comAt the top of my list is Nvidia (NASDAQ:NVDA). I have always been a fan of this company and believe in its long-term growth potential. Based on my recommendation on February 5, you would already be sitting on gains of 10% if you had bought the stock. The company has been a hot topic recently, but it did suffer more than it should have in the past year. NVDA stock is trading at $232 today, up 47% over the past six months. This is a must-have and the best semiconductor stock to own right now.The chipmaker has gained massive popularity and momentum for artificial intelligence (AI). In June 2021, I wrote about how AI will drive growth for Nvidia, and here we are! Nvidia already set a gold standard in its chips and now provides the processing power which helps run AI applications. It could become the key player in AI adoption across different industries. That said, the company already has a diversified revenue stream which secures it from market turmoil.Nvidia announced the fourth quarter results recently and reported a revenue of $6.05 billion, a 21% drop from the previous year, and a profit of $1.4 billion, down 53%. However, the results got the stock moving, going from $206 to $238 after the results. The company might have seen a drop in PC demand, but it is making money from the data center business. It reported an 11% growth in the segment with a revenue of $3.62 billion. The company could win big from ChatGPT. Whether it is a success or not, companies will work towards developing similar tools and technology, leading to higher demand for Nvidia applications. C.J.Muse, an Evercore ISI analyst, has an Outperform rating with a price target of $300. The analyst expects the data center revenue to grow throughout 2023.Taiwan Semiconductor (TSM)Source: Sundry Photography / Shutterstock.comAnother company on the list of the best semiconductor stocks is Taiwan Semiconductor (NYSE:TSM) The Taiwanese multinational company is a major player in the semiconductor industry and is expanding rapidly despite the overall market uncertainty. TSM stock is trading at $88 today, much lower than the 52-week high of $113. But this is an opportunity to grab the stock at a discount. It is the best semiconductor stock to own this year.In the recent quarter, it reported sales of $19.93 billion and earned $1.82 per share. The company has $43.7 billion in cash and liabilities worth only $30.8 billion. The stock looks highly undervalued if you look at the company’s potential and ability to invest. It has excellent revenue growth and financial stability. One of the top reasons to invest in the company is that almost all semiconductor companies source their chips from them. This means whether the stock market is up or down, Taiwan Semiconductor is expected to report strong revenue numbers.The company has announced an investment of $40 billion in a U.S. plant, and it plans to build a second chipmaking plant in Japan which could cost more than $7.4 billion. The plant is expected to be completed by the end of this decade. TSM has investments across different advanced technologies, including AI, 5G, and IoT, which makes it one of the most coveted tech companies in the market today. With higher production capacity and a recovery in consumer demand, TSM stock could hit new highs. When it comes to the company’s financials, you have nothing to worry about. It has high growth and margins, which will keep the company up and running for many years to come.Intel (INTC)Source: JHVEPhoto / Shutterstock.comWhile many of you may frown at reading Intel (NASDAQ:INTC) as a semiconductor stock to own, I believe the company is a long-time player in the industry with the potential to grow. The company has been in trouble lately and is doing everything to cut costs, including dividend cuts, but it is not slowing down when it comes to producing semiconductors. Intel is ready to give it all to make the most of AI. It is currently working on the new Gaudi AI chip, Gaudi3, with more memory than its previous chips.INTC stock hasn’t had a good 2022, and the selloffs have made it possible for investors to own the tech stock at a discounted rate. INTC stock is trading at $25.14 today, almost half its 52-week high of $54. It has dropped 23% in the past six months and might pick up from here. The last two times it dropped to $25, it soared again; I am not saying $25 is the baseline, but there are chances. I think the stock has bottomed out, and the worse is over.INTC stock dropped to $25 in October 2022 and then picked pace to hit $30 in November. Soon after, it again hit $25 in December 2022 and $30 in January 2023. INTC stock hasn’t gone below $25 in the past five years, which means you could get the stock at the most lucrative price today. Artificial intelligence could drive growth for Intel in the near future, and we could see the company bounce back soon.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9940157270,"gmtCreate":1677768170392,"gmtModify":1677768174665,"author":{"id":"3570853427202414","authorId":"3570853427202414","name":"BKT","avatar":"https://community-static.tradeup.com/news/15cb8e8f0a7c44ca01c83b3bfdddbd86","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3570853427202414","idStr":"3570853427202414"},"htmlText":"Pls like thanks&nbsp;","listText":"Pls like thanks&nbsp;","text":"Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940157270","repostId":2316213625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940118278,"gmtCreate":1677747156595,"gmtModify":1677747160161,"author":{"id":"4115290449563752","authorId":"4115290449563752","name":"Longs","avatar":"https://community-static.tradeup.com/news/824b5073731ab909a8d4e129caa8d995","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"4115290449563752","idStr":"4115290449563752"},"htmlText":"👌🏼🙏🏼","listText":"👌🏼🙏🏼","text":"👌🏼🙏🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940118278","repostId":2316213625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940134375,"gmtCreate":1677744367698,"gmtModify":1677744371572,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3577182936341023","idStr":"3577182936341023"},"htmlText":"Chips upside&nbsp;","listText":"Chips upside&nbsp;","text":"Chips upside","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940134375","repostId":2316213625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940134019,"gmtCreate":1677744280732,"gmtModify":1677744285347,"author":{"id":"4087452914358580","authorId":"4087452914358580","name":"SanWangtikup","avatar":"https://static.tigerbbs.com/c7f061d50a9f915d0ce8e8c879871960","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087452914358580","idStr":"4087452914358580"},"htmlText":"Tsmc&nbsp;","listText":"Tsmc&nbsp;","text":"Tsmc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940134019","repostId":2316213625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940135601,"gmtCreate":1677743652603,"gmtModify":1677743657011,"author":{"id":"4131941718981642","authorId":"4131941718981642","name":"Ratt","avatar":"https://community-static.tradeup.com/news/aeee68ebc5db0a4075bb3aff6887e20e","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4131941718981642","idStr":"4131941718981642"},"htmlText":"Nvda I can understand, but when the other two come on board","listText":"Nvda I can understand, but when the other two come on board","text":"Nvda I can understand, but when the other two come on board","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940135601","repostId":2316213625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940136103,"gmtCreate":1677742395803,"gmtModify":1677742399863,"author":{"id":"3572742286399480","authorId":"3572742286399480","name":"Tomillions","avatar":"https://static.tigerbbs.com/6f0586bef46d4018b23776ffa1ef2d68","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3572742286399480","idStr":"3572742286399480"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940136103","repostId":2316213625,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":77,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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