NVDA to AMD: Will these 5 semiconductor stocks ride out supply crunch?

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NVDA to AMD: Will these 5 semiconductor stocks ride out supply crunch?

NVDA to AMD: Will these 5 semiconductor stocks ride out supply crunch?
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Highlights:

  • NVIDIA Corporation (NASDAQ: NVDA) revenue increased by 53% YoY in Q4, FY22.
  • Advanced Micro Devices, Inc. (NASDAQ: AMD) will report its first-quarter results on May 3.
  • ASML Holding N.V. (NASDAQ: ASML) expects net sales between US$5.3 billion and US$5.5 billion in Q2, FY22.

As the earnings season kicks in, investors explore opportunities in various sectors. The semiconductor sector is drawing keen interest in the hopes of a recovery, although pandemic-related issues persist. Chinese lockdowns due to new Covid-19 cases have raised fresh concerns.

The semiconductor market supplies critical parts for various industries, from blockchain, smartphones, and computers to various other electronics goods. The semiconductor chips are also vital for digital operations. The following are five semiconductor stocks worth exploring in Q2.

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NVIDIA Corporation (NASDAQ: NVDA)

NVIDIA is one of the leading technology companies focused on manufacturing GPUs for the gaming and other professional industries. It is based out of Santa Clara, California.

The shares of the company closed at US$184.15 on April 27, down 1.99% from their closing price of April 26. Its stock value decreased by 38.86% YTD.

The firm has a market cap of US$461.11 billion, a P/E ratio of 47.86, and a forward one-year P/E ratio of 39.35. Its EPS is US$3.85.

The 52-week highest and lowest stock prices were US$346.47 and US$134.59, respectively. Its trading volume was 49,946,020 on April 27.

The company reported a revenue of US$7.64 billion in Q4, FY22, representing an increase of 53% YoY, while its net income came in at US$3.00 billion, or US$1.18 per diluted share. For fiscal 2022, the company reported a revenue of US$26.91 billion, up 61% YoY.

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Top semiconductor stocks to explore in Q2Source: ©2022 Kalkine Media®

Advanced Micro Devices, Inc. (NASDAQ: AMD)

AMD is a multinational semiconductor company specializing in computer processors and other related technologies for retail consumers and businesses. It is based in Santa Clara, California.

The stock of the company closed at US$84.91 on April 27, down 0.29% from its previous closing price. The AMD stock fell 43.48% YTD.

The market cap of the company is US$138.17 billion, the P/E ratio is 32.91, and the forward one-year P/E ratio is 22.83. Its EPS is US$2.58.

The stock saw the highest price of US$164.46 and the lowest price of US$72.50 in the last 52 weeks. Its share volume on April 27 was 83,125,050.

The company will report its first-quarter fiscal 2022 financial results on May 3, after the market close.

Meanwhile, in the fourth quarter of fiscal 2021, the company's revenue increased by 49% YoY to US$4.82 billion, while its net income came in at US$974 million, or US$0.80 per share. For fiscal 2021, the company reported a revenue of US$16.43 billion, up 68% YoY.

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ASML Holding N.V. (NASDAQ: ASML)

ASML Holding is a semiconductor manufacturing company based in Veldhoven, Netherlands. It develops photolithography solutions used in the production of computer chips.

The shares of the company closed at US$556.88 on April 27, down 0.63% from their closing price of April 26. Its stock value plunged 30.17% YTD.

The firm has a market cap of US$235.55 billion, a P/E ratio of 37.64, and a forward one-year P/E ratio of 31.55. Its EPS is US$15.26.

The 52-week highest and lowest stock prices were US$895.93 and US$544.00, respectively. Its trading volume was 1,904,378 on April 27.

The company reported net sales of €3.53 billion (US$3.71 billion) in Q1, FY22, as compared to €4.98 billion (US$5.23 billion) in the previous quarter. Its net income came in at €695 million (US$730 million), against an income of €1.77 billion (US$1.86 billion) in Q4, FY21.

For the second quarter of fiscal 2022, the company expects its net sales to be between €5.1 billion (US$5.3 billion) and €5.3 billion (US$5.5 billion).

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Broadcom Inc. (NASDAQ: AVGO)

Broadcom is a semiconductor manufacturing company based in San Jose, California. It manufactures semiconductors and related software.

The stock closed at US$559.54 on April 27, down 0.09% from its previous closing price. The AVGO stock declined 15.65% YTD.

The market cap of the company is US$230.93 billion, the P/E ratio is 32.25, and the forward one-year P/E ratio is 17.29. Its EPS is US$17.54.

The stock saw the highest price of US$677.76 and the lowest price of US$419.14 in the last 52 weeks. Its share volume on April 27 was 1,931,324.

The company reported a revenue of US$7.70 billion in Q1, FY22, representing an increase of 16% YoY, while its GAAP net income came in at US$2.47 billion, or US$5.59 per diluted share.

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Semiconductor stocks: NVDA, AMD, ASML, AVGO, MU

Micron Technology, Inc. (NASDAQ: MU)

Micron is a semiconductor company specializing in computer memory and computer data storage systems such as dynamic random-access memory, USB flash drives, etc. It is based in Boise, Idaho.

The shares of the company closed at US$66.47 on April 27, down 0.91% from their closing price of April 26. Its stock value dropped by 30.58% YTD.

The firm has a market cap of US$76.13 billion, a P/E ratio of 8.58, and a forward one-year P/E ratio of 7.26. Its EPS is US$7.95.

The 52-week highest and lowest stock prices were US$98.45 and US$65.67, respectively. Its trading volume was 17,123,640 on April 27.

The company reported a revenue of US$7.79 billion in Q2, FY22, as compared to US$6.24 billion in the same quarter of the previous year. Its GAAP net income came in at US$2.26 billion, or US$2.00 per diluted share, as compared to US$603 million, or US$0.53 per diluted share in Q2, FY21.

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Bottom line:

The semiconductor industry saw robust sales as demand exceeded supplies. The covid pandemic has been a major obstacle to reaching its full sales potential. The adverse effects of the pandemic, macroeconomic conditions, and geopolitical tensions limited the broad economic activities. The S&P 500 IT sector fell 18.68% YTD while decreasing 1.13% over the past 12 months. Hence, investors should closely evaluate the companies before spending on stocks.

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