P/E Ratio Rank: How You Can Profit from the Explosion of AI Chip Sector

[Miser][Miser][Miser] $Advanced Micro Devices(AMD)$ 's CEO Lisa Su predicts the AI chip market will explode from $150B to $400B in four years.

This kind of growth is unheard of, and many companies would benefit from these wave.

Below are some semiconductor companies with NTM P/E by @StockSavvyShay, Co-Host of@PoundingDaTable.

He said: the AI chip sector is not just growing, it's exploding.

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He listed the stocks rank by Next Twelve Months (NTM ) P/E: $Cadence Design(CDNS)$ , $Advanced Micro Devices(AMD)$ $ASML Holding NV(ASML)$ , $Intel(INTC)$ $Lam Research(LRCX)$ $NVIDIA Corp(NVDA)$ $KLA-Tencor(KLAC)$ , $Broadcom(AVGO)$ , $Applied Materials(AMAT)$ , $Taiwan Semiconductor Manufacturing(TSM)$ $VanEck Vectors Semiconductor ETF(SMH)$

What the meaning of NTM P/E :

Definition of P/E Ratio (NTM). The multiple of forecast earnings for the next twelve months that stock investors are willing to pay for one share of the firm.

The P/E ratio is calculated by dividing the market value price per share by the company's earnings per share. A high P/E ratio can mean that a stock's price is high relative to earnings and possibly overvalued. A low P/E ratio might indicate that the current stock price is low relative to earnings.

From this point of view, the top 5 stocks with lower stock prices relative to earnings are:

Will they have more potential to up higher in 2024？

Below are the YTD2023 of the stocks listed on pounding the table:

It looks like the top 5 with the lowest gainers are: $ASML Holding NV(ASML)$ , $Taiwan Semiconductor Manufacturing(TSM)$ $KLA-Tencor(KLAC)$ $Applied Materials(AMAT)$

Recent News of the semiconductor companies:

Exceptional Gains! Will Semi Sector Continue to Shine Next Year?

Amidst the AI boom, US semi sector is a particularly noteworthy presence in 2023. -------------------------------- How do you view the investment opportunities in the semiconductor sector? Will Semi Sector Continue to Shine Next Year?

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