Investors eye these 4 top-performing semiconductor stocks for quick returns

Core Viewpoint - Semiconductor stocks are currently at the forefront of financial discussions, particularly due to the focus on artificial intelligence, with several companies showing strong performance and growth potential in this sector [1]. Group 1: Nvidia Corp (NASDAQ: NVDA) - Nvidia is highlighted as a leading semiconductor stock, with shares nearly doubling since the start of 2024, and expectations for further growth [2]. - The company reported a revenue increase of over 300% to $22 billion in Q4, with projections of $24 billion for the current quarter, driven by AI demand [2]. - Analyst Blayne Curtis from Jefferies maintains a "buy" rating, predicting the stock could reach $1,200 per share [2]. Group 2: Qualcomm Inc (NASDAQ: QCOM) - Qualcomm's net income rose by 37% in the second quarter, making it a strong candidate for quick returns [3]. - The company provided guidance for the current quarter that exceeded market expectations and offers a dividend yield of 1.75% [4]. - Qualcomm ended its last fiscal year with over $11 billion in cash equivalents, ensuring the sustainability of its dividend payments [4]. - The stock has increased by more than 40% since the beginning of 2024 [4]. Group 3: Arm Holding PLC (NASDAQ: ARM) - Arm is recognized for its technology that powers nearly all smartphones globally, making it a valuable semiconductor stock [5]. - Shares are currently down approximately 25% from their year-to-date high in February, presenting a potential buying opportunity [5]. - The company reported a 47% annualized growth in Q4 revenue and anticipates launching its own AI chips in 2025 [5]. Group 4: Taiwan Semiconductor (NYSE: TSM) - Taiwan Semiconductor is noted for its critical role in the AI sector, with analysts stating that "all AI roads must go through" TSM [6]. - The company expects a revenue rebound of about 23% and a 19% increase in EPS for the year following a weaker 2023 [6]. - TSM reported a 60% year-over-year increase in sales for April, amounting to NT$236 billion [6]. - The stock also offers a dividend yield of 1.60% [6].