Discover the Potential of 3 Leading Power Semiconductor Stocks for Long-Term Growth

Sunday, 21 April 2024, 10:30

Explore why power semiconductors are essential in thriving tech sectors and uncover three top power chip stocks for investment opportunities. Delve into the innovative strategies of ON Semiconductor, NXP Semiconductors, and Advanced Energy Industries, as they drive growth in the power management industry and establish themselves as key players in the evolving tech landscape. With a focus on future trends in electric vehicles, 5G networks, and AI technologies, these companies present promising prospects for investors seeking long-term value and growth potential.
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Discover the Potential of 3 Leading Power Semiconductor Stocks for Long-Term Growth

Leading the Charge With 3 Top Power Semiconductor Stocks

Learn why power semiconductors are crucial in today's fastest-growing tech sectors -- and take advantage of this oft-overlooked niche with three incredible power chip stocks. Power controllers may not sound as thrilling as artificial intelligence (AI) services or number-crunching microchips, but the tech world would stop without them. As such, investors should pay close attention to power semiconductor specialists.

If EV sales regain their footing, this company will generate monster cash flow

  • Billy Duberstein (ON Semiconductor): Amid the electric-vehicle (EV) slowdown, ON Semiconductor's (NASDAQ: ON) stock has taken a 40% plunge from its highs and now trades at just 13.2 times earnings. Sure, the near-term looks murky, and earnings may decline slightly this year. But over time, battery technology should improve and electric vehicles should continue their ascent as a percentage of the global vehicle market.

How NXP semiconductors power up exciting industries

  • Anders Bylund (NXP): You might think of NXP Semiconductors (NASDAQ: NXPI) as a leading maker of automotive computing chips, mobile networking solutions, and identity-management products. The Dutch-American company is all of that and more. For instance, NXP is an experienced leader in power management and power control semiconductors, stretching back to its early days as the semiconductor arm of Philips.

A little-known power equipment maker with big upside from AI

  • Nicholas Rossolillo (Advanced Energy Industries): The world is abuzz with rapid advancements in AI in data centers, as well as other applications like manufacturing automation and surgical robotics. There are even new semiconductor manufacturing techniques needed to make the chips that make AI possible.

You're about to enjoy three great power management investments in April 2024, presented by three longtime Motley Fool contributors with deep expertise in the tech sector. Read on to see how these companies power the tech booms around us, and why they could be fantastic long-term investments today.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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