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Ebube Jones

3 Semiconductor Stocks Wall Street Expects to Rally 20% or More

Semiconductor AMD Microchip Technology Wolfspeed Advanced Micro Devices Wolf MCHP Microchip

The semiconductor industry holds a pivotal role in shaping our technological landscape. From fueling artificial intelligence (AI) and cloud computing to powering 5G, electric vehicles (EVs), and the metaverse, semiconductors seemingly do it all. 

However, 2023 has ushered in a unique blend of challenges and opportunities for this industry. While rising demand from autos and AI has been a boon for names like Nvidia (NVDA), there's also the ever-present overhang of U.S.-China tensions, supply and demand disruptions, and increasingly stiff competition to navigate.

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