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Highlights:
- NVIDIA Corporation (NASDAQ:NVDA) revenue surged 53% YoY in Q4, FY22.
- Broadcom Inc. (NASDAQ:AVGO) revenue jumped 16% YoY in Q1, FY22.
- The AMD stock returned over 35% gains in the past 12 months.
The semiconductor stocks are gaining traction, bolstered by limited supply and relentless demand. Intel CEO Pat Gelsinger has recently called on the government to subsidize efforts to boost domestic chip production and guard against the vulnerabilities of the global supply chain.
He stressed that semiconductor is the "new oil" in the technological age.
Like Gelsinger, Micron Technology CEO Sanjay Mehrotra and Lam Research President and CEO Tim Archer have urged the administration to subsidize up to US$52 billion for chip manufacturing, highlighting that China spends around US$100 billion to support the industry while the US dedicates only half of that amount.
The following are the top semiconductor stocks to explore in April.
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NVIDIA Corporation (NASDAQ:NVDA)
NVIDIA is one of the leading technology companies specializing in graphics processing units for the gaming and other professional markets. It is based in Santa Clara, California.
The NVDA stock closed at US$273.60 on April 4. Its stock price rose 95.6% over the past 12 months.
NVIDIA has a market cap of US$672.68 billion, a P/E ratio of 69.66, and a forward one-year P/E ratio of 58.21. 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 39,770,780 on April 4.
The company's revenue increased by 53% YoY to US$7.64 billion in Q4, FY22, while its net income came in at US$3.00 billion, or US$1.18 per diluted share. For the full year, the company's revenue jumped 61% YoY to US$26.91 billion.
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Broadcom Inc. (NASDAQ:AVGO)
Broadcom is a technology firm based in San Jose, California. It primarily focuses on designing, developing, manufacturing, and supplying a range of semiconductors and other related products.
The AVGO stock closed at US$634.85 on April 4. Its stock value increased by 29.96% over the past 12 months.
The market cap of the company is US$254.35 billion, the P/E ratio is 35.52, and the forward one-year P/E ratio is 19.73. 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 4 was 1,648,573.
The company's revenue surged 16% YoY to US$7.70 billion in Q1, FY22. Its GAAP net income came in at US$2.47 billion, or US$5.59 per diluted share, as compared to US$1.37 billion, or US$3.05 per diluted share in Q1, FY21.
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Advanced Micro Devices, Inc. (NASDAQ:AMD)
Advanced Micro Devices is a semiconductor manufacturing firm that engages in the development of computer processors and other related technologies for the business as well as consumer markets. It is based out of Santa Clara, California.
The AMD stock closed at US$110.53 on April 4. Its stock value increased by 35.74% over the past 12 months.
The firm has a market cap of US$178.05 billion, a P/E ratio of 42.41, and a forward one-year P/E ratio of 29.87. Its EPS is US$2.58.
The 52-week highest and lowest stock prices were US$164.46 and US$72.50, respectively. Its trading volume was 90,220,030 on April 4.
The company's revenue jumped 49% YoY to US$4.8 billion in Q4, FY21, while its net income came in at US$974 million, or US$0.80 per share. For the full fiscal year, the company's revenue jumped 68% YoY to US$16.43 billion.
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QUALCOMM Incorporated (NASDAQ:QCOM)
Qualcomm is a chip manufacturing firm that produces semiconductors, software, and other related products, primarily for the wireless technology industry. It is based in San Diego, California.
The stock of the company closed at US$153.81 on April 4. The QCOM stock jumped 9.61% over the past 12 months.
The market cap of the company is US$167.65 billion, the P/E ratio is 17.04, and the forward one-year P/E ratio is 14.44. Its EPS is US$8.73.
The stock saw the highest price of US$193.58 and the lowest price of US$122.17 in the last 52 weeks. Its share volume on April 4 was 12,143,570.
On a GAAP basis, the company reported a revenue of US$10.70 billion in Q1, FY22, representing an increase of 30% YoY. Its net income came in at US$3.39 billion, or US$2.98 per diluted share.
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Applied Materials, Inc. (NASDAQ:AMAT)
Applied Materials is a Santa Clara, California-based company that supplies equipment, software, and other related products and services for manufacturing semiconductor chips. Semiconductors are mainly used in electronics products like computers, smartphones, TV, etc.
The shares of the company closed at US$129.44 on April 4. Its stock value tumbled 9.51% over the past 12-months.
The firm has a market cap of US$108.85 billion, a P/E ratio of 17.14, and a forward one-year P/E ratio of 16.06. Its EPS is US$7.19.
The 52-week highest and lowest stock prices were US$167.06 and US$114.39, respectively. Its trading volume was 8,348,638 on April 4.
The company reported a revenue of US$6.27 billion in the first quarter of fiscal 2022, up 21% YoY. Its net income is at US$1.79 billion, or US$2.00 per diluted share.
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Bottom line:
The S&P 500 technology sector gained 22.60% over the past 12 months while declining 8.73% YTD. The semiconductor industry is under tremendous pressure to meet the demands of various sectors, including EV, cryptocurrency, aerospace, and electronics.
