The semiconductor industry has delivered tremendous growth over the last several decades. In the near term, artificial intelligence (AI) continues to be a key sales catalyst for leading chip suppliers.
IDC’s latest report projects the semiconductor market will grow 15% in 2025, led by AI demand. This could spell a great buying opportunity for stocks that have recently fallen in value.
The following two stocks are earning high praise on Wall Street. These stocks are trading well off their recent highs but have been reporting robust revenue growth from the data center market.
This post originally appeared at The Motley Fool.