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Better Semiconductor Stock: Wolfspeed vs. Nvidia
WOLFWolfspeed(WOLF) The Motley Fool·2024-12-21 23:00

Sales in the semiconductor industry are surging thanks to the secular trends of artificial intelligence (AI) and electric vehicles (EVs). The semiconductor market is forecast to reach more than $600 billion in 2024, and rise to $1 trillion by 2030, making investments in chip companies a good way to capitalize on this growth.Two semiconductor industry leaders to consider are Wolfspeed (WOLF 0.57%) and Nvidia (NVDA 3.08%). The former commands over 50% market share in the silicon carbide (SiC) wafer sector, wh ...