The semiconductor industry is expanding with increased applications across various sectors. However, every stock in this space is not well-positioned to capitalize on the favorable industry trends. For reasons discussed throughout this article, I think it could be worth watching NVIDIA Corporation (NVDA) for an attractive entry point, but Advanced Micro Devices, Inc. (AMD) could be best avoided now.
Before diving deeper into the fundamentals of these stocks, let’s discuss what’s happening in the chip industry.
