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Highlights
- Qualcomm Incorporated (NASDAQ:QCOM) revenue rose 12% YoY in Q4, FY21.
- NVIDIA Corporation (NASDAQ:NVDA) revenue increased by 68% YoY in Q2, FY22.
- Intel Corporation (NASDAQ:INTC) GAAP revenue rose 5% YoY in Q3, FY21.
The semiconductor companies have been in focus lately due to the global chip shortage. The semiconductor chips are used in a variety of applications, from mobiles to electric vehicles. Hence, the ongoing chip shortage is affecting many industries.
Meanwhile, the sector is again on investors' radar after the major semiconductor stocks saw their best weekly gains last week since November 2020. Although the industry faces production backlogs, the increased investment and governments' efforts in addressing the chip shortage are expected to help the sector reclaim its lost ground.
Here we explore the top semiconductor stocks gaining investors' attention in recent days.
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Qualcomm Incorporated (NASDAQ:QCOM)
Qualcomm is a semiconductor company that specializes in manufacturing semiconductor chips, software, and other related products for the technology industry. It is based in San Diego, California.
The stock of the company was priced at US$165.60 at 1:36 pm ET on November 12, up 0.72% from its previous closing price. The QCOM stock rose 10.72% YTD.
The market cap of the company is US$185.51 billion, the P/E ratio is 21.05, and the forward P/E one year is 17.29. Its EPS is US$7.87.
The stock saw the highest price of US$169.52 and the lowest price of US$122.17 in the last 52 weeks. Its share volume on November 11 was 7,624,181.
On a GAAP basis, the company's total revenue was US$9.33 billion in Q4, FY21, up 12% from US$8.34 billion in the year-ago quarter. Its net income came in at US$2.79 billion, against an income of US$2.96 billion in the same quarter of the previous year.
For fiscal 2021, the company's net income was US$9.04 billion on revenue of US$33.56 billion.
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NVIDIA Corporation (NASDAQ:NVDA)
Nvidia is a leading technology company that designs, develops, and manufactures graphics processing units (GPUs) for gaming and other related industries. It is based in Santa Clara, California.
The shares of the company traded at US$304.11 at 1:38 pm ET on November 12, up 0.07% from their closing price of November 11. Its stock value increased by 131.75% YTD. The firm has a market cap of US$759.52 billion, a P/E ratio of 108.31, and a forward P/E one year of 87.08. Its EPS is US$2.80.
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The 52-week highest and lowest stock prices were US$323.10 and US$115.67, respectively. Its trading volume was 33,217,210 on November 11. The company will release its third-quarter results for fiscal 2022 on November 17 at 5 pm ET.
Meanwhile, in the second quarter of fiscal 2022, the company's revenue jumped 68% YoY to US$6.51 billion in Q2, FY22. In the period, its net income came in at US$2.37 billion, or US$0.94 per diluted share, compared to US$622 million, or US$0.25 per diluted share in Q2, FY21.
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Intel Corporation (NASDAQ:INTC)
Intel Corporation is one of the leading technology companies based in Santa Clara, California and develops and manufactures semiconductor chips and microprocessors for computers.
The stock of the company was priced at US$50.58 at 1:42 pm ET on November 12, up 0.10% from its previous closing price. The INTC stock ticked up 1.73% YTD.
The market cap of the company is US$205.37 billion, the P/E ratio is 9.81, and the forward P/E one year is 9.57. Its EPS is US$5.15.
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The stock saw the highest price of US$68.49 and the lowest price of US$44.55 in the last 52 weeks. Its share volume on November 11 was 25,419,990.
On a GAAP basis, Intel's revenue was up 5% YoY to US$19.2 billion in Q3, FY21. Its GAAP earnings came in at US$1.67 per share, exceeding July guidance by US$0.61.
For fiscal 2021, the company expects its GAAP EPS to be US$4.50 apiece.
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Advanced Micro Devices, Inc. (NASDAQ:AMD)
Advanced Micro Devices or AMD is a Santa Clara, California-based chipmaker that develops and manufactures computer processors and other related technologies for the consumer market.
The shares of the company traded at US$147.805 at 1:44 pm ET on November 12, up 1.23% from their closing price of November 11. Its stock value soared 58.19% YTD. The firm has a market cap of US$179.004 billion, a P/E ratio of 45.89, and a forward P/E one year of 61.09. Its EPS is US$3.23.
The 52-week highest and lowest stock prices were US$155.65 and US$72.50, respectively. Its trading volume was 67,934,850 on November 11.
The company's revenue was US$4.31 billion in Q3, FY21, up 54% from US$2.80 billion in the comparable quarter of the previous year. Its net income came in at US$923 million, or US$0.75 per share, compared to US$390 million, or US$0.32 per share in Q3, FY20.
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Source: Pixabay
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Wolfspeed, Inc. (NYSE:WOLF)
Wolfspeed is a Durham, North Carolina-based company that provides silicon carbide technology and semiconductor chips.
The stock of the company was priced at US$139.46 at 1:47 pm ET on November 12, up 1.13% from its previous closing price. The WOLF stock gained 28.89% YTD.
The market cap of the company is US$16.21 billion, and the forward P/E one year is -105.27. Its EPS is US$-3.59. The stock saw the highest price of US$140.51 and the lowest price of US$67.18 in the last 52 weeks. Its share volume on November 11 was 1,263,464.
The company's revenue came in at US$156.6 million in Q1, FY22, compared to US$115.5 million in the same quarter of the previous year. It reported a net loss of US$70.1 million versus a loss of US$184.1 million in Q1, FY21.
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Bottomline
The better-than-expected third-quarter results of the chipmakers are drawing renewed investor interests in the sector. For instance, the SMH semiconductor ETF gained 38.09% YTD while increasing 17.69% QTD. Experts foresee a continued growth momentum for the industry.
