Jim Cramer's CNBC call highlights the top five semiconductor companies driving AI-related growth. NVIDIA tops the list with 85% revenue growth and strong margins, projecting $91 billion revenue next quarter and an $80 billion buyback. AMD follows with 50% revenue growth, boosted by data center demand. ASML and Lam Research show solid gains, while Qualcomm struggles with handset revenue but sees growth in automotive chips. This reflects the accelerating AI investment cycle reshaping the semiconductor industry.
Qualcomm and Analog Devices, two semiconductor companies, are close to reaching a $200 billion market capitalization driven by strong growth in AI, automotive, and data center markets. Qualcomm’s market cap is about $189.81 billion, with key growth i...
Qualcomm shares dropped 6% to $178.15, giving back part of a recent 12% rally, while the broader semiconductor sector, represented by the iShares Semiconductor ETF, rose 1%. This decline appears specific to Qualcomm, likely due to profit-taking after...
Qualcomm's stock rose 18% over the past month, outperforming the broader chip market but lagging behind smartphone chip peers Skyworks Solutions (33%) and Qorvo (23%). The rally was driven by a narrow rotation into smartphone chip suppliers, not a br...
