Better Semiconductor Stock: Wolfspeed vs. Nvidia

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 ...