Will you power up your portfolio with AI x Chip stocks?
The three major US stock indexes touched 52-week highs during Tuesday's trading, with $S&P 500(.SPX)$ hitting its highest level since January 2022.
Chip stocks show strength on Tuesday. They benefit from AI heat in 2023.
$Broadcom(AVGO)$ and $KLA-Tencor(KLAC)$ reached all-time-highs of $1079.39 and $564 respectively.
$Advanced Micro Devices(AMD)$ hit another 52 week high of $139.
$Qualcomm(QCOM)$ closed at $136, one step closer to 52 week high of $139.
$Adobe(ADBE)$ , the generative AI concept stocks, continued to break record and closed at $633 on Tuesday. The company will release earnings on Wednesday.
Will you power up your portfolio with AI x Chip stocks?
Leave your comments and also post to win tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
$Adobe(ADBE)$ , the generative AI concept stocks, continued to break record and closed at $633 on Tuesday.
@MasterStonker
@highhand
@TLim
@adeps
@VonCat
@许达
@nomadic m
@GoodLife99
@hd87
@Kok
@icycrystal
@wtiger88
@Shyon
@Aqa
@Furore
Thank you for commenting on my post. Your coins have been sent to your account~ Don't forget to check your tiger coins💖
It sure seems to be an easy way to earn fast cash by jumping onto this AI train
But this money making machine could also turn into a deadly value trap if invest too much and/or not quick enough to jump off the train in time
I've narrowly escaped such a fate once, so I'll not be so eager to do it again
I had my scare during the lockdown phase of covid and bought shares in glove making companies such as UG Healthcare, Top Glove and Riverstone when demand for such products spiked
The share price shot up rapidly needless to say
Production ramped up to meet the huge demand, everything from share price appreciation to dividends were spectacular
But when demand started dropping, the share price tumbled as well
I was lucky to exit just in time with a tidy profit before the fall
I had Nvidia and I sold with a tidy profit
Could have sold higher, and then bought lower
Wash and repeat
But I won't be doing that, as Lady Luck may not come knocking twice
🐯, will u power up your portfolio with AI x Chip stocks?
Great ariticle, would you like to share it?
Great ariticle, would you like to share it?
Great ariticle, would you like to share it?