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Barchart
Barchart
Sristi Suman Jayaswal

3 Standout Semiconductor Stocks to Snag for the New Year

On Semiconductor Cadence Lam LRCX ON Semiconductor Bank of America CDNS Lam Research Arya

Semiconductors remain catalysts of technological progress, driving trends like artificial intelligence (AI) and electric vehicles (EVs). The semiconductor industry has shone brightly this year, showcasing impressive growth, and it stands ready to anchor technological breakthroughs as 2025 approaches.

With the AI revolution in full swing, industry giants like Nvidia (NVDA), Broadcom (AVGO), and Marvell (MRVL) have dominated the spotlight, reveling in this year’s surge of AI-driven success. However, Bank of America’s top picks also include Lam Research Corporation (LRCX), ON Semiconductor Corporation (ON), and Cadence Design Systems, Inc. (CDNS).

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