nvda stock prediction earnings prediciton

This company is the largest pure play in the semiconductor foundry/manufacturing space. If you’re going to pick one semiconductor stock, you can’t do much better than Taiwan Semiconductor (NYSE: TSM). With that in mind, here are seven semiconductor predictions and supporting stocks for 2023. That said, as more attention is paid to bringing semiconductor manufacturing in the United States, 2023 may be the start of another semiconductor super cycle. While some argue this has allowed chipmakers to focus on the next generation of chips that will be in high demand, this is still a sector with some risk. Now, with many manufacturers overestimating their need for chips, these semiconductor stocks have been hit hard. This caused many chip stocks to move down from record highs in 2022.

That said, supply chain difficulties made it difficult to get the chips where they needed to be. Thus, it’s not surprising to note that demand for chips surged in 20. In fact, electronic components make up nearly 40% of internal combustion vehicles. Additionally, semiconductor chips play a vital role in the electronic equipment such as laptops, tablets, and smartphones that we use every day. Data centers, gaming, and electric cars all require a substantial number of chips. Semiconductors are used in virtually all of the most important emerging technologies.

Nvda stock prediction earnings prediciton