7 A-Rated Semiconductor Stocks to Buy in January

Advanced Micro Devices (AMD)

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That’s changing in 2024. AMD is getting its Instinct MI300 accelerators on the market this year and they can run generative AI applications.

Nvidia (NVDA)

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Nvidia is now the sixth-largest publicly traded company in the world. So is it reasonable to expect gains to continue this year?

Broadcom (AVGO)

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Broadcom saw its business grow by 8% last year as the demand for accelerators and network connectivity for AI products drove interest in its product line.

Ebang International Holdings (EBON)

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Besides its chip design business, Ebang also offers a cryptocurrency exchange platform called Ebonex, and does some mining as well.

Applied Optoelectronics (AAOI)

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The Texas-based company reported third-quarter results that included $56.7 million in revenue, up from $41.6 million a year ago.

Universal Display Corp. (OLED)

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OLED technology is considered to be superior to traditional light-emitting diode technology because it provides better picture quality.

QuickLogic Corp. (QUIK)

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Its low-power products are ideally suited to operate in mobile devices, including those used by medical professionals, industrial workers and consumers.

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