U.S. policies aim to strengthen domestic chip production.Unlock access to InvestingPro’s AI-selected stock winners for under $9 a month!Semiconductor chips are crucial for developing generative AI platforms, as they provide the necessary processing power.
By doing so, the U.S. hopes to meet domestic demand and reduce its dependence on markets like Taiwan and South Korea. Ongoing technological disputes with China also motivate these efforts to bolster local chip manufacturing. . Over the last decade, the company has grown its revenue and earnings at CAGRs of 12.46% and 19.73%, respectively. It will announce its next financial results on January 27, with EPS expected to rise by 5.18%.As a vital player in the semiconductor supply chain, Lam Research is well-positioned to outperform the market as demand for chips in the automotive and industrial technology sectors increases.
Over the last 15 quarters, AMD has exceeded EPS forecasts 13 times and holds a cash balance of $4.1 billion.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3 Reasons Why the Stock Market Rally Could Extend Through Year-EndStocks Analysis by Investing.com (Ismael De La Cruz) covering: S&P 500, Dow Jones Industrial Average, NASDAQ Composite. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Read more »
4 Oversold Retail Stocks Eyeing a Comeback as US Consumers Keep SpendingStocks Analysis by Investing.com (Ismael De La Cruz) covering: S&P 500, Target Corporation, MercadoLibre Inc, Carnival Corporation. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Read more »
S&P 500: Bull Market Is Now 2 Years Old – How Much Longer Can It Last?Market Overview Analysis by Investing.com (Ismael De La Cruz) covering: FTSE 100, S&P 500, CAC 40, Dow Jones Industrial Average. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Read more »
3 Stocks Set to Surge as Middle East Tensions Drive Oil Prices HigherCommodities Analysis by Investing.com (Ismael De La Cruz) covering: Occidental Petroleum Corporation, Brent Oil Futures, Crude Oil WTI Futures, Natural Gas Futures. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Read more »