Semiconductor sales are rebounding at a solid pace, which is likely to benefit stocks like NVIDIA Corporation (NVDA), Micron Technology, Inc. (MU), Advanced Micro Devices (AMD) and QUALCOMM Incorporated (QCOM).
TAIPEI (Reuters) -A two-year legal battle pitting two tech titans threatens to disrupt an emerging wave of new personal computers powered by artificial intelligence, tech industry executives and experts say. A parade of executives from Microsoft, Asus, Acer and others joined Qualcomm CEO Cristiano Amon on stage last week at the annual Computex trade show in Taipei to pitch a new generation of AI-powered PCs. But the main conversation among conference attendees was over how a contract dispute between Arm Holdings and Qualcomm, which work together to make the chips powering these new laptops, could abruptly halt the shipment of new PCs that industry leaders expect will make Microsoft and its partners billions of dollars.
These Nasdaq-100 constituents look set to deliver more gains thanks to the growing demand for their AI hardware.