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Morningstar unveils top-tier semiconductor stocks to own [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The PHLX Semiconductor Sector index has jumped 54% over the last 12 months. Nvidia NVDA , the 800-pound gorilla that dominates the GPU market for AI, has led that rally. Its shares have tripled over the period, giving it the third highest market capitalization in the country, after No. 1 Microsoft and Apple. “We are seeing a historic rise in demand for AI, accelerators, led by Nvidia,” Morningstar analysts Brian Colello and Jivyaa Vaidya wrote in a report “In recent quarters, Nvidia has reported staggering revenue growth, raised the bar for the next quarter even higher, and then smashed through such rosy forecasts.” SAM YEH/Getty Images Morningstar's overview of semiconductor industry Demand for AI-related GPUs should remain strong, they said. “We still see the world's leading cloud computing providers, and even nation states, racing to buy enough GPUs to run generative AI for themselves and their customers.” That's true whether economic growth stays strong or weakens, t
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