Published on 19 May 2024 on Motley Fool · via Yahoo Finance
With the stock of many leading technology companies rocketing to all-time highs recently, are there any values left in the sector?
One part of the tech sector in a big downturn right now is chip companies that enable electrification. That's because the growth of electric vehicles (EVs) slowed down in a big way last year.
However, not only is the following supplier of semiconductor testing equipment a way to play the EV rebound, but its equipment also could eventually find its way into even more tech applications in the back half of the decade -- including AI.