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Prediction: 2 Semiconductor Stocks That Could Start Soaring After Nvidia's Quarterly Earnings on Aug. 28

Advanced Micro Devices stock price could see a boost if Nvidia projects strong AI demand for the foreseeable future.

By Jose Najarro – Aug 23, 2024 at 8:00AM EST

In today's video, I discuss the growth opportunities of Advanced Micro Devices (AMD +3.11%) and Taiwan Semiconductor Manufacturing (TSM +4.16%). Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of Aug. 22, 2024. The video was published on Aug. 22, 2024.

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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.
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X@_JoseNajarro

Jose Najarro has positions in Advanced Micro Devices and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Taiwan Semiconductor Manufacturing. 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
$207.66
(+3.14%)+$6.33
Taiwan Semiconductor Manufacturing Stock Quote
Taiwan Semiconductor Manufacturing
NYSE: TSM
$342.79
(+4.12%)+$13.55
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$178.12
(+3.14%)+$5.42

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

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