$SUPER MICRO COMPUTER INC(SMCI)$ Biden has stepped aside in the US presidential race, leading analysts to expect market friendly Trump to win the election in November. This could spell an upside for tech stocks especially with Trump picking JD Vance as his running mate. Vance is known to be Silicon Valley friendly. And trump has always been business friendly with his 2017 tax cuts for big corporates. Could this spell a bull run this week for tech stocks That suffered a slump after last week's semicon export control rumours thanks to Biden? While trump has said Taiwan should pay for its own defence, leading$Taiwan Semiconductor Manufacturing(TSM)$ stock to plunge, him in office could mean good news fo
$SUPER MICRO COMPUTER INC(SMCI)$ Is headed for $1,200 at least. The company has good fundamentals and is undervalued compared to its semiconductor peers Nvidia, Arm and even Micron. SMCI has enough orders to see revenue increase q-on-q and its sales have been expanding across markets whether Latam, Europe or Asia. SMCI also has facilities outside of USA meaning it is still able to sell to China. This is a company analysts are very bullish about and we should also buy in when it's under $1,000
$Intel(INTC)$ intel is undervalued compared to its chip peers.$Advanced Micro Devices(AMD)$ $ARM Holdings Ltd(ARM)$$Micron Technology(MU)$ are all doing better stock price wise Altho Intel is on par when you look at its fundamentals. Its revenue grows each quarter, exceeding analysts expectations with many putting a Buy call on Intel given the number of big tech firms that use intel chips. Its current $34 price is a steal imho and I think it will hit the expectations of $70 as soon as its next quarterly results. Get ready for the moon!