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3 Chip Stocks to Buy to Invest in AI's Brain
AVGOBroadcom(AVGO) investorplace.com·2024-05-22 18:34

Shares in global chipmakers have continued to move higher presenting some compelling chip stocks to buy. This is amid a more favorable macro backdrop and unprecedented demand for high-end chips that power artificial intelligence (AI) apps. The investment appeal of these stocks received a notable boost after Taiwan Semiconductor Manufacturing (NYSE:TSM), the world’s largest chip manufacturing company, reported April revenue up nearly 60% from the same period last year.This marks the most substantial growth r ...