Munich Stocks are a bet on the future. And so the prices of many manufacturers have risen rapidly in the past few days, although the industry is suffering from a slump in orders. “The current market downturn is being exacerbated by weak consumer demand and increased inventories,” warns Clark Tseng of industry association Semi.
Many investors ignore this. They are tempted by the prospect of booming business in artificial intelligence (AI) chips. Industry representatives are happy to reinforce this optimism. Just last Thursday, Hock Tan, head of chip manufacturer Broadcom, announced that sales of AI chips would double over the course of the year. But the US group’s sales are only expected to grow by five percent in the current quarter.
So what’s really going on with the chip industry’s AI boom? And is it still worth investing in semiconductor stocks? The Handelsblatt takes a closer look and takes a look at the most interesting companies.
The star: Nvidia
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web and in our app.
Further