Semiconductors Winners And Losers At The Start Of 2024

ermingut/iStock via Getty Images The year 2023 was a year of strong gains for most semiconductor stocks, a year after incurring substantial losses in 2022. This happened even though the semiconductor industry itself contracted after years of expansion due to a downturn that has turned out to be deeper and longer lasting than expected heading into 2023. An anticipated return to growth in the industry this year helped, as did the promise of artificial intelligence or AI. However, it was the Federal Reserve th ...