Forget Nvidia? These 2 little-known chip stocks have over 100% upside, Jefferies says

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Aixtron SE Noticias

Ams Osram AG,Ams Osram AG,Ams Osram AG

The investment bank expects the semiconductor sector to grow between 30% and 35% by mid-2025.

The semiconductor sector logged some big gains last week, with industry giants Nvidia , ASML , and TSMC leading the charge. However, investment bank Jefferies is drawing attention to two lesser-known chip stocks that it believes could rise by more than 100%: Aixtron and Ams OSRAM .

line Ams OSRAM Ams OSRAM , an Austrian-German semiconductor company, recently completed the issuance of 200 million euros in senior notes, yielding 10.5% in coupon payments to replace other short-term debt due in 2024. The debt consolidation means Jefferies expects the company's operating margins and cash flows to rise steadily from the second half of 2024 and into coming years, positioning it for strong growth.

 

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