The semiconductor sector has drawn heightened attention on Monday after Nvidia (NASDAQ:NVDA) unveiled plans to invest up to $100B in Microsoft (MSFT)-backed OpenAI. The funds will be allocated progressively to support the construction and deployment of at least 10 gigawatts of advanced AI data centers powered by Nvidia systems.
The announcement propelled NVDA shares more than 4% higher, lifting sentiment across the broader semiconductor industry and helping drive gains in the tech-heavy Nasdaq Composite (COMP:IND).
Market watchers say the move underscores Nvidia’s dominant role in powering the next generation of artificial intelligence infrastructure.
In response, Seeking Alpha spotlighted the top 10 semiconductor stocks with market capitalizations of at least $10 billion, ranked according to its quant metrics.
No. 1: Micron Technology (MU), quant rating of 4.98.
No. 2: Taiwan Semiconductor Manufacturing Company (TSM), quant rating of 4.84.
No. 3: Analog Devices (ADI), quant rating of 4.33.
No. 4: Advanced Micro Devices (AMD), quant rating of 4.01.
No. 5: First Solar (FSLR), quant rating of 4.00.
No. 6: Rambus (RMBS), quant rating of 3.62.
No. 7: Credo Technology Group Holding (CRDO), quant rating of 3.49.
No. 8: Nvidia (NASDAQ:NVDA), quant rating of 3.48.
No. 9: Astera Labs (ALAB), quant rating of 3.48.
No. 10: Broadcom (AVGO), quant rating of 3.48.
For more on the semiconductor industry see a grouping of exchange traded funds that offer exposure towards the space below:
Semiconductor ETFs: (NASDAQ:SMH), (NASDAQ:SOXX), (NYSEARCA:SOXL), (NASDAQ:FTXL), (NYSEARCA:XSD), (NYSEARCA:USD), (NYSEARCA:PSI), and (NYSEARCA:SEMI).