3 Under-the-Radar Chip Stocks Worth Buying in 2024

As the engine of artificial intelligence (AI) models and applications, stocks of microchip and semiconductor companies remain red hot. The iShares Semiconductor ETF (NASDAQ:SOXX) has risen 45% in the last 12 months, including a 6% increase this year. Many of the better known chip stocks, such as Advanced Micro Devices (NASDAQ:AMD), have seen their share price more than double over the past year. And the gains look likely to continue as global demand for the microchips needed to power AI continues to swell a ...