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Leading the Charge With 3 Top Power Semiconductor Stocks

TheMotleyFool 
0 0 21.04.24
Leading the Charge With 3 Top Power Semiconductor Stocks: https://g.foolcdn.com/editorial/images/773443/semiconductor-chip-hidden-among-large-denomination-dollar-bills.jpg
 

Power controllers may not sound as thrilling as artificial intelligence (AI) services or number-crunching microchips, but the tech world would stop without them. As such, investors should pay close attention to power semiconductor specialists.

You're about to enjoy three great power management investments in April 2024, presented by three longtime Motley Fool contributors with deep expertise in the tech sector. Read on to see how these companies power the tech booms around us, and why they could be fantastic long-term investments today.

Billy Duberstein (ON Semiconductor): Amid the electric-vehicle (EV) slowdown, ON Semiconductor's (NASDAQ: ON) stock has taken a 40% plunge from its highs and now trades at just 13.2 times earnings. Sure, the near-term looks murky, and earnings may decline slightly this year. But over time, battery technology should improve and electric vehicles should continue their ascent as a percentage of the global vehicle market.

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Source Fool.com

Nordic Semiconductor Stock

€10.91
5.150%
Nordic Semiconductor dominated the market today, gaining €0.54 (5.150%).

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