These Top Tech Stocks Are Down 30% to 50% in 2024. Is It Time to Buy?

These companies' share prices are discounted considering the long-term potential in semiconductors and cloud computing.The Nasdaq Composite Index is sitting close to new highs. Investors are bullish on the long-term growth potential of companies involved in artificial intelligence (AI), cloud computing, and data center infrastructure, but some of the leaders in these markets are trading well off their highs.Advanced Micro Devices (AMD -0.18%), a leading chip supplier, and Snowflake (SNOW 0.43%), a leader in ...