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2 Chip Stocks That Could Win Big From the Space Economy

Two semiconductor investors discuss various chip companies providing technologies in the space satellite industry.

By Jose Najarro and Nicholas Rossolillo – Feb 13, 2023 at 9:35AM EST

In today's video, Jose Najarro and Nick Rossolillo discuss a few tailwinds for the emerging satellite industry and why companies like Qualcomm (QCOM +1.06%), Apple (AAPL 1.10%), Advanced Micro Devices (AMD +7.74%), Broadcom (AVGO +0.50%), and Iridium (IRDM +14.23%) could benefit. Out of the list, Nick believes two have a better chance of success. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of February 8, 2023. The video was published on February 9, 2023.

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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 positions in Advanced Micro Devices and Qualcomm. Nicholas Rossolillo has positions in Advanced Micro Devices, Apple, Broadcom, and Qualcomm. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, and Qualcomm. The Motley Fool recommends Broadcom and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$278.10
(+7.74%)+$19.98
Apple Stock Quote
Apple
NASDAQ: AAPL
$263.40
(-1.14%)-$3.03
Broadcom Stock Quote
Broadcom
NASDAQ: AVGO
$398.72
(+0.50%)+$2.00
Qualcomm Stock Quote
Qualcomm
NASDAQ: QCOM
$134.46
(+1.06%)+$1.41
Iridium Communications Stock Quote
Iridium Communications
NASDAQ: IRDM
$43.41
(+14.25%)+$5.42

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

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