Published on 30 Sep 2024 on Insider Monkey · via Yahoo Finance
Is Cirrus Logic, Inc. (CRUS) the Hidden Gem in the Semiconductor Sector?
We recently published a list of 15 AI Stocks That Are On Sale. In this article, we are going to take a look at where Cirrus Logic, Inc. (NASDAQ:CRUS) stands against the other AI stocks that are on sale.
Big Tech: The Best Performing Sector of Q2?
Big tech, specifically artificial intelligence, is the sector that many are starting to consider as the best-performing sector of the market in the second quarter of 2024. The concentration of the major players in this space has been in the large-cap companies since your ability to fully develop AI and benefit from its profitability really depends on the scale of your business. Basically, the bigger a company is, the better it will be positioned within the AI-led market this year. Because of this phenomenon, big tech companies, with all the money in the world to invest in AI development, are ensuring that this revolutionary tech drives the overall tech sector to record highs in 2024.