Episode 23: 5 Chip Stocks For Second Half 2023: AI and EV Hype Turning Into Real Financial Results

KLA Corporation and Lam Research are two of the top 5 companies in the semiconductor manufacturing equipment industry. Their recent financial updates didn't exactly set the world ablaze, but may have indicated that the semiconductor industry is ready to make a turnaround. What are we doing with this information here at Chip Stock Investor? Intel's disaster has been a saga for at least a year, and you may know we have not been interested in investing up to this point. But, their recent quarter results finally showed some signs of life and a possible turnaround. This might start to materially change things at Intel, and set up a more solid thesis for making an investment. STMicroelectronics is benefitting from the booming EV industry, and although NXP Semiconductors is more popular among some investors, STM had a really solid quarter and some potential for major growth in the EV market -- especially in silicon carbide. Finally, we will take a look at Enphase, a company we recently added to our portfolio. This company's earnings report showed signs of serious slowdown in the solar energy market, which to a certain extent was expected. But what are the long term prospects for ENPH, and are we buying the dip? Find all this and more in this episode of Chip Stock Investor.

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Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. Nicholas Rossolillo owns shares of KLA & Enphase