2 Chip Stocks That Could Win Big From the Space Economy

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

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$268B

Today's Change

(0.52%) $0.86

Current Price

$165.52

Price as of May 22, 2024, 4:00 p.m. ET

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

In today's video, Jose Najarro and Nick Rossolillo discuss a few tailwinds for the emerging satellite industry and why companies like Qualcomm (QCOM 1.04%), Apple (AAPL -0.75%), Advanced Micro Devices (AMD 0.52%), Broadcom (AVGO -0.50%), and Iridium (IRDM -1.86%) 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.

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.