
The semiconductor industry is experiencing notable growth driven by diverse factors, including an uptrend in the memory sector. Increasing demand for technologies coupled with stable tech needs and government incentives is contributing to the industry's overall expansion.
As the sector expands, I examined two leading semiconductor stocks, Intel Corporation (INTC) and QUALCOMM Incorporated (QCOM), to identify which possesses the potential for superior gains in 2024. Before delving into these stocks, let's explore the factors propelling the industry's growth.