3 Semiconductor Stocks to Buy on the Dip: June 2024

However, not all chip stocks have profited equally from these developments. In fact, quite a few semiconductor stocks are down so far in 2024. The chip industry is large, and many companies serve fields such as industrial, automotive or consumer electronics that are not enjoying the same demand tailwinds as AI-enabled chips. Intel (INTC) The past returns are certainly brutal. INTC stock has fallen 35% over the past five years, whereas the Vaneck Semiconductor ETF (NASDAQ:SMH) has soared nearly 400% over the ...