All major market indexes declined today led by the Dow Jones Industrial Average, which at one point this morning fell 600 points, although has since recouped some of those losses. The broader benchmark S&P 500 and Nasdaq Composite also dipped this morning, but had recovered some of those losses and traded less than 1% down as of 12:04 p.m.
The theme across the board in the semiconductor market in America seems to be that we are taking a little bit of profit ahead of the Monday session. That being said, all 3 of these major stocks look very bullish, and most certainly will continue to attract a certain amount
The S&P 500 index is a benchmark used to gauge the broader U.S. market. Its 500 large-cap and megacap components come from every sector of the economy, and reflect investing categories from value to growth.
Artificial intelligence (AI) is a new technology with tremendous long-term investment potential. But don't assume that all AI stocks are speculative or high-octane growth businesses.
Artificial intelligence (AI) offers many exciting long-term possibilities, but the technology's thirst for computing power is a certainty that's fueled remarkable growth in semiconductors. Chip companies like Nvidia (NVDA -2.09%) and Broadcom (AVGO -1.47%) have soared on the realization that AI is creating billions of dollars in opportunities for each.
Among chip stocks, these three stand out for their ability to dominate their respective markets. Combined with the AI arms race in big tech, their leading positions set their stocks up for massive returns in 2024.
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