Nvidia falls short of the top 10 semiconductor stocks per SA quant metrics
A lot of focus since 2023 has been around the artificial intelligence (AI) boom that was sparked by the semiconductor space led by Magnificent 7 member Nvidia (NASDAQ:NVDA), but according to Seeking Alpha’s quant metrics, the chip giant has lost some of its luster when compared to other peers.
Highlighted below are the top 10 semiconductor stocks ranked according to SA’s quant metrics. The data – perhaps surprisingly – shows that Nvidia (NVDA) didn’t make the list as it holds a grade of 3.49, which ranks fourteenth against the rest of the semiconductor stock names.
Top 10 Semiconductor ETFs per SA metrics
No. 10: Micron Technology (MU), quant rating 4.07.
No. 9: Marvell Technology (MRVL), quant rating 4.15.
No. 8: SkyWater Technology (SKYT), quant rating 4.26.
No. 7: KLA Corporation (KLAC), quant rating 4.29.
No. 6: Alpha and Omega Semiconductor Limited (AOSL), quant rating 4.51.
No. 5: Applied Materials (AMAT), quant rating 4.52.
No. 4: CEVA (CEVA), quant rating 4.60.
No. 3: POET Technologies (POET), quant rating 4.72.
No. 2: Credo Technology Group Holding Ltd (CRDO), quant rating 4.73.
No. 1: Taiwan Semiconductor Manufacturing Company (TSM), quant rating 4.97.
For investors that want to further track the status of how the semiconductor industry is trading, they may look towards exchange-traded funds that offer a diversified approach to the industry. Highlighted below are some specific funds that investors can choose from.
Semiconductor ETFs: (SMH), (SOXX), (FTXL), (XSD), (PSI), (SEMI), (SOXL), and (USD).