The semiconductor industry has become an intense area of focus in the stock market over the past few years. It's always been important, but the advent of artificial intelligence is driving unprecedented interest. Since the beginning of 2023, companies like NVIDIA (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) have emerged as massive winners in the space. The stocks are up over 800% and over 300%, respectively, over that time, as of the Feb. 10 close. They are far from the only winners, but the two stocks stand out. Their ability to continue rising somewhat steadily is an indication of their persistent strength to this point.
The three stocks detailed on this list have had their days in the sun but haven’t exhibited anywhere near the consistency of NVIDIA and Broadcom. Below, I’ll examine three giant names in the semiconductor industry that are still trading 50% or more below their 52-week highs. I’ll provide context around each of their individual journeys and give insight into how they can hope to reclaim their prior glory.
