Citi has identified the 6 best stocks to follow the next $684 billion megatrend. The global semiconductor market is at the center of an epochal transformation and could beat theS&P 500. Valued at $611.35 billion in 2023, it is expected to grow to 2,062.59 billion dollars by 2032, with a CAGR of the 14.9% between 2024 and 2032. This extraordinary growth is fueled by the growing use of Consumer electronics and the expansion of emerging technologies such asArtificial Intelligence (AI)L’Internet of Things (IoT) and the Machine Learning (ML). These technologies require advanced semiconductors to improve device performance, creating unprecedented market opportunities.
In this context, Quote he identified 6 titles with high growth potential, which could dominate the next rally. Let’s look at each of these stocks in detail, illustrating their role in the future of the semiconductor industry.
Nvidia
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