To The Moon

After $NVIDIA Corp(NVDA)$ and $Apple(AAPL)$ hit all-time-high, semiconductors and big techs represented by the two stocks also hit a new high. They are $Netflix(NFLX)$, $Meta Platforms, Inc.(META)$ , $Alphabet(GOOG)$ , $NVE Corp(NVEC)$ , $Nova Measuring Instruments(NVMI)$ , $PDF Solutions(PDFS)$ . Big Tech Show Strength in 2023 Yesterday, $Netflix(NFLX)$ climbed 3.1% after JPMorgan increased its price target on the stock, citing the company’s effort to limit password sharing on its platform. The said the move could fuel revenue growth, JPMorgan said. But its stock has been performing well since the company announced ad business last year. $Meta Platforms, Inc.(META)$ rose 119.12% YTD and jumped 12% on the day that the company reported an unexpected increase in sales for the first quarter and issued better-than-expected guidance for the current period. Its headset also gained attention this week. $Alphabet(GOOG)$ hit a new high as it tries to catch up its competitor - $Microsoft(MSFT)$, which turns out to be the strongest stock since the launch of Chatgpt. The new high might be the result of the AI competition between the two companies. They will both be benefited from the AI wave. Semiconductors: Rise From the Low Cycle and Become the Brightest Star Led by $NVIDIA Corp(NVDA)$’s strength, the semiconductor sector all post stellar performance. In addition to the well-known semiconductor concept, these companies rose to a new high, $PDF Solutions(PDFS)$ rose to an all-time-high. $NVE Corp(NVEC)$ rose to $95.2. NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information. $Nova Measuring Instruments(NVMI)$ rose to $115.29. Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors. $PDF Solutions(PDFS)$ rose to $43.37, an all-time-high. PDF Solutions, Inc. provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services.