3 Semiconductor Stocks That Could Go Parabolic

Many semiconductor stocks have soared over the past year as the explosive growth of the artificial intelligence (AI) market prompted many companies to upgrade their data center chips. But with the market hovering near record highs, investors may be wary of adding some of these high-flying stocks to their portfolios.

However, the market leaders that have clear competitive advantages, staying power and wide moats should continue to rise over the long term. I believe three of those resilient chip stocks — ASML (NASDAQ: ASML), Broadcom (NASDAQ: AVGO)And Micron (NASDAQ: MU) — are still good investments for growth-oriented investors.

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Source Fool.com