Marvell and 3 Other Chip Stocks That Are ‘Best Ideas’ for 2023
Nvidia, AMD, Marvell, and Micron Stock Are ‘Best Ideas’ for 2023 | Barron’s
After a particularly challenging year for semiconductor stocks,
and three other chip companies look like buys to analysts at Rosenblatt.
Stocks in the sector fell hard last year as demand for chips weakened but supplies remained high. The iShares Semiconductor (ticker: SOXX) exchange-traded fund, which tracks the performance of an index composed of top semiconductor stocks, ended 2022 down roughly 35%.