While Nvidia (NASDAQ:NVDA) dominates headlines in the semiconductor space, many view this sector as a one-horse race. Of course, that’s not the case.
The question for many investors is whether the valuations of these pricey chip stocks make sense. Indeed, Nvidia has proven that its larger-than-life valuation over the past decade has been warranted. However, these stocks are among the most difficult to value, even for the experts.
At the right price, any stock can be a buy, assuming it’s got a future. These three chip makers certainly do. Let’s dive into the reasons these stocks may be worth every penny.
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