4 Stocks to Watch on Steady Growth in Semiconductor Sales
Key Takeaways Global chip sales rose 22.7% year over year in April, marking 11 straight months of double-digit growth. Demand for AI and data center chips continues to drive sales, with memory chips adding further momentum. AEIS leads peers with a 39.1% projected earnings growth and a 10% rise in earnings estimates over 60 days.Over the past year, semiconductor sales have shown steady growth, primarily fueled by the optimism around artificial intelligence (AI), especially generative AI. Robust demand from ...