2 AI Semiconductor Stocks Surged 150% and 122% in the First Half of 2024. Wall Street Says 1 Could Crash in the Second Half
Arm plc(ARM) The Motley Fool·2024-06-29 08:15
Nvidia and Arm Holdings were the best-performing Nasdaq-100 stocks during the first half of 2024, but Wall Street expects Arm to decline sharply in the coming months.The Nasdaq-100 tracks the 100 largest non-financial companies on the Nasdaq Stock Exchange. The index is heavily weighted toward the technology sector, and it includes some of the most innovative companies in the world.The Nasdaq-100 returned 18% during the first half of 2024 due to excitement about artificial intelligence (AI). Investors showe ...