5 Super Semiconductor Stocks to Buy Hand Over Fist Heading Into 2025

Core Insights - Significant spending on artificial intelligence (AI) infrastructure is expected from major technology companies, leading to substantial opportunities for chip manufacturers [1][2] Group 1: Major Technology Companies' Spending - Microsoft plans to spend $55.7 billion on capital expenditures (capex) for AI data center infrastructure in fiscal 2024 [1] - Amazon's capex for AI in the first half of 2024 is $30.5 billion [1] - Alphabet allocated $25 billion for AI capex in the first half of 2024 [1] - Meta Platforms intends to spend between $37 billion and $40 billion on AI capex for the entirety of 2024 [1] - Oracle's AI capex for fiscal 2024 is $6.9 billion [1] Group 2: Chip Companies and Their Prospects - Nvidia is the leader in data center GPUs, with its H100 GPU setting industry benchmarks and new Blackwell architecture expected to enhance performance significantly [3][4] - Micron Technology's HBM3E memory chips are in high demand, with a 93% year-over-year revenue increase to $7.7 billion in fiscal 2024 [5][6] - Axcelis Technologies is positioned to benefit from the growing demand for power devices and memory chips, with a potential record revenue of $1.3 billion in 2025 [7][8] - Broadcom's AI semiconductor business has seen substantial growth, with a projected total revenue of $51.5 billion for fiscal 2024, including $12 billion from AI [9][10] - Advanced Micro Devices (AMD) is competing in the data center segment with its MI300 GPUs and plans to release the faster MI350 next year, while also leading in AI chips for personal computing [11][12]