Nvidia and These Chip Stocks Could Rebound as Seasonal Headwinds Ease, BofA Says

Key TakeawaysSemiconductor stocks could be set to rebound in the fourth quarter as seasonal headwinds ease, according to Bank of America Securities analysts. Chip stocks have had a tough start to the third quarter, amid heightened volatility and concerns about the economy. Larger chipmakers such as Nvidia with greater exposure to the data-center market could be in a stronger position to gain, the Bank of America analysts argue. Semiconductor stocks could be set for a rebound in the fourth quarter as seasona ...