This semiconductor stock just surged 9% in a day, and it's not Nvidia

The ongoing artificial intelligence (AI) boom has been one of the biggest driving factors for the growth of semiconductor and cloud computing stocks ever since late 2022. This fact is best exemplified by the staggering rise of the share price of Nvidia (NASDAQ: NVDA) – a rise that has, over the previous 52 weeks, amounted to 248.54%.Still, while NVDA has been the darling of many investors and analysts – so much so that CNBC’s Jim Cramer named his dog after the blue-chip chipmaker – another firm from the ind ...