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Tired of Nvidia? Check Out These 2 Semiconductor Stocks Instead

These two companies provide solutions for the growing automotive and robotics markets.

By Jose Najarro – Jun 9, 2022 at 6:30AM EST

Today's video focuses on Micron Technology (MU 3.75%) and ON Semiconductor (ON 2.92%) and the unique solutions each provide to some of the fastest-growing markets. Micron and ON have presented information to investors showcasing that the automotive market is expected to have a double-digit compound annual growth rate for the next four years. Watch the video to learn more about these two companies' automotive solutions and financial stability. 

*Stock prices used were the market prices of June 7, 2022. The video was published on June 7, 2022.




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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Micron Technology Stock Quote
Micron Technology
NASDAQ: MU
$765.50
(-3.75%)-$29.83
ON Semiconductor Stock Quote
ON Semiconductor
NASDAQ: ON
$104.11
(-2.92%)-$3.13

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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