Exploring Opportunities in Tech & Semiconductor Stocks

The US stock market stands tall as the LARGEST in the world, offering a vast array of opportunities for investors. Under US market, there are two major U.S. financial securities markets which are the New York Stock Exchange (NYSE) and National Association of Securities Dealers Automated Quotations (NASDAQ). NYSE is the oldest American exchange and the largest equities-based exchange in the world based on the total market capitalization of its listed securities.

Meanwhile, NASDAQ is a global electronic marketplace for trading securities and where many of the world’s technology giants including Apple and Google are listed. Both act as hubs for foreign companies to enter the US market, providing investors with increased opportunities to diversify their portfolios and gain access to global investments.

What is the largest sector in US markets?

Among the numerous sectors that are available in US markets, the Technology Sector shines brightly as one of the largest and most significant sector traded on the exchange.

The technology sector is renowned for its contributions to economic growth, innovation, and market leadership. Familiar and large market capitalization companies like Apple, Amazon, Alphabet (Google), Microsoft, Nvidia always in Rakuten Trade’s top traded ranking due to its prominence in the US markets.

The Tech Titan Soaring High

 – Nvidia Corp (Stock code: NVDA)

Among the semiconductor giants, Nvidia stands out as a true champion, boasting an exceptional year-to-date performance exceeding 200% (as of December 5, 2023). Its widespread applications, from powering cutting-edge gaming experiences to fuelling artificial intelligence and data centres, position Nvidia as a front-runner, leaving competitors like Advanced Micro Devices (AMD), Intel, and Taiwan Semiconductor Manufacturing Company (TSM) in its dust.

Nvidia's recent fiscal third-quarter results were nothing short of phenomenal, exceedingly even the most optimistic Wall Street predictions. Revenue soared by a staggering 206% year-over-year, driven by the insatiable demand for Nvidia's powerful graphics processing units (GPUs). This surging demand is fuelled by the rise of generative AI, a technology poised to revolutionize various industries.

Nvidia is not just a company; it is a driving force behind the technological advancements shaping the future. As the world becomes increasingly reliant on sophisticated computing power, Nvidia is at the forefront, powering the innovations that will change our lives. Investing in Nvidia is not just about financial gain; it is about investing in the future.

Battle Among Familiar US Semiconductor Stocks

The recent buzz about Nvidia and AMD collaborating with Arm Holdings Plc (ARM) on creating Arm-based PC chips to challenge Intel has sparked immense interest in PC chips and semiconductor stocks. Post announcement, Nvidia shares closed more than 3.8% while Arm’s shares were up almost 5%!

Additionally, Rakuten Trade’s new tradeable share, ARM has exceeded Wall Street expectations in its first post-IPO earnings report, with revenue up 28% on an annual basis during the quarter. The collaboration has signalled significant potential for future investments of Rakuten Trade clients to diversify their pot with semiconductor stocks.

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