There are other promising semiconductor stocks than just Nvidia. Learn about these solid candidates for your portfolio -- including a powerful ETF.
BERLIN (Reuters) -German chip manufacturer Infineon announced a cost savings programme on Tuesday as it again lowered its full-year revenue outlook, blaming ongoing industry-wide weak demand. The company lowered its revenue guidance to 15.1 billion euros ($16.3 billion), plus or minus 400 million euros, for the year, down from its previous guidance of 16 billion euros, plus or minus 500 million euros. The segment result margin, management's preferred measure of operating profitability, is also likely to be lower than predicted three months ago, at around 20%, Infineon said.
Everyone knows today’s top semiconductor stocks like Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD) and Taiwan Semiconductor (NYSE:TSM), which often attract the bulk of investor attention and capital. However, lesser-known top semiconductor stocks are lurking in the market, ready to skyrocket as artificial intelligence and machine learning tech evolve and trends accelerate. To find these overlooked semiconductor stocks, keep two criteria in mind. First, identify top semiconductor comp