Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Pathikrit Bose

As SOX Crosses 10,000 for the First Time, Atomera and GCT Semiconductor Are the 2 Top-Rated Chip Stocks to Buy Now

ATOM Semiconductor GCT AMD Gogo

Dismissing all the talk of a bubble and fears around huge capex, shares of one of the most popular and widely owned semiconductor indices recently crossed all-time highs. The PHLX Semiconductor Index ($SOX) closed above 10,500 on Friday—a level never seen before. Continued high and sustainable demand, along with tight supply, is contributing to this searing rally. This has been validated in a study by consulting major McKinsey, which has estimated that the value of the global semiconductor industry is set to exceed $1.5 trillion by 2030.

Now, there are numerous ways to benefit from this trend. While the usual suspects, such as Nvidia (NVDA) and AMD (AMD), are well-known, the world of semiconductor stocks goes much beyond these limited names. Thus, here are a couple of names from the sector that are quickly becoming the Street's favorites. What works for them and what doesn't? Let's find out.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
More Than 37,000 Squishy Toys Recalled as Water Beads Inside Can Swell in a Child and Evade X-Rays
About 37,480 squishy toys with water beads are recalled. Learn the warning signs of ingestion and why X-rays may miss swallowed beads.
Medical Daily
Medical Daily
Is Store-Bought Rotisserie Chicken Actually Healthy? Here’s What to Check on the Label
A grocery store rotisserie chicken can make dinner easier without the cost of takeout or the work of cooking from scratch. It provides protein and can be used in salads, sandwiches, soups, and family meals throughout the week. However, not every rotisserie chicken has the same nutritional profile. Some contain…
Grocery Coupon Guide
Grocery Coupon Guide
Why Are Eggs Refrigerated in America but Left on the Shelf in Other Countries?
Walk into a grocery store in the United States, and you will find eggs in a refrigerated section. Visit many European grocery stores, however, and eggs may sit on ordinary shelves at room temperature. This difference often surprises American travelers who wonder why the same food requires different storage methods.…
Grocery Coupon Guide
Grocery Coupon Guide
Kim Kardashian Reveals Five Nannies for Four Kids as Kanye West and Bianca Censori Step Out in Los Angeles
Kanye West and Bianca Censori were seen with Playboi Carti at ComplexCon in Los Angeles, shortly after Kim Kardashian discussed raising their four children and using five nannies.
International Business Times UK
International Business Times UK
Woman says a male canvasser knocked at her door and wanted to talk pro-life. Then she asked him: ‘Have you ever been pregnant?’
She explained why she is pro-choice.
We Got This Covered
We Got This Covered
Doing Everything Right but Still Have Dull Skin? Here’s Why
If this sounds familiar, it doesn't necessarily mean your skincare routine is bad. Healthy-looking skin depends on much more than the products sitting on your bathroom shelf. Dead skin-cell buildup, dehydration, sun exposure, irritation, lifestyle factors and even using too many active ingredients can all affect how your skin looks.…
MyLifeXP
MyLifeXP
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play