Five semiconductor stocks that could benefit from huge AI chip demand
4 weeks ago

Five semiconductor stocks that could benefit from huge AI chip demand

Live Mint  

The semiconductor industry is undergoing rapid evolution, fuelled by the soaring demand for artificial intelligence chips and their role in driving advanced technologies. HCL Tech is at the forefront of securing deals in growth segments like semiconductor design and AI. In the latest quarter, a US-based financial services and insurance firm selected HCL Tech to modernize its data insights for risk reporting, including fraud analytics and anti-money laundering for credit card and other retail functions. Despite industry challenges, HCL Tech’s management remains confident about gaining market share and sustaining growth, backed by a robust pipeline and strategic initiatives. In Conclusion The surging demand for AI chips is set to reshape the semiconductor industry, offering significant growth potential for companies like these.

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Chip firms surge on hopes of strong AI-led demand
2 days, 9 hours ago

Chip firms surge on hopes of strong AI-led demand

Live Mint  

By Medha Singh and Purvi Agarwal -Shares of chipmakers jumped on Monday as Microsoft's plan to invest $80 billion in AI-enabled data centers in fiscal 2025 spurred bets that semiconductor demand would remain strong. Micron was the biggest gainer among semiconductor stocks with a 10.6% rise, while chip-making equipment companies like Applied Materials, Lam Research and KLA Corp rose between …

The changing pecking order in semiconductors
1 month, 3 weeks ago

The changing pecking order in semiconductors

Live Mint  

NEW DELHI : Last week, Nvidia Corp., the world's largest artificial intelligence chipmaker, replaced Intel Corp., best known for computer processors, in the 30-share American benchmark share index. Nvidia's market value jumped from about $81 billion at the end of 2018 to $3.6 trillion now, making it the world’s most-valued company, ahead of Apple Inc., Microsoft Corp. and Google Llc. …

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