Q4 2024: Navigating the Digital and Analog Semiconductor Industry Landscape
Q4 2024: Navigating the Digital and Analog Semiconductor Industry Landscape
Semiconductor stocks stay steadily undervalued, while analog stocks’ discounting continues.
As of January 12, the median semiconductor stock is 13% undervalued while the median analog stock is 26% undervalued. These valuations increased tremendously quarter over quarter, with 7% and 9% respectively. Since the previous quarter, digital stocks continue to be fairly valued.
Morningstar’s latest Digital and Analog Semiconductor Industry report highlights the demand for artificial intelligence (AI) and accelerators —a shift particularly led by Nvidia’s data center graphics processing units (GPUs), which is expected to continue in 2025. Explore our analysts’ predictions based on these trends in the AI GPU market, as well as the stubborn downturn of industrial chip demand with consideration to weakening global macroeconomic factors and the stalled electric vehicle (EV) semiconductor sector.
Download the report now to learn more about key trends in this evolving industry.
What's Inside our Research:
What's Inside our Research:
- A comprehensive review of data centers’ historic transition to AI ‘factories’
- How the continued shift toward EVs and chip demand and supply affects the domestic and global automotive chip industry and reveals opportunity for longer-term buying opportunities
- Our analysts’ top stock picks in digital, analog, and mixed signal semiconductor industries