Over the next few years, smarter semiconductor chips will be found in more and more places, spanning devices, cars, industrial factories, 5G phones, and the Internet of Things (IoT). The data these sensors and chips will produce will be sent back over the internet to cloud data centers, where it will be processed, analyzed, and redirected back. Thus, the leading semiconductor chips at the heart of this tech-driven revolution — including NVIDIA (NASDAQ: NVDA) and NXP Semiconductors (NASDAQ: NXPI) — all seem to have exciting long-term prospects. These two stocks have had a tough go of it recently in light of the ongoing trade war, yet assuming those issues eventually get resolved, each also has a promising future. Continue Reading Below If you’re willing to take the Foolish long-term view, which chip pick is best for you? What each company does When assessing the companies, it’s important to know which kinds of chips each makes, as well as the end markets each serves. NVIDIA is the leading producer of graphics processing units (GPUs), which power today’s leading video games and special effects. The company’s GPUs are also used in artificial intelligence processing, as GPUs are excellent at handling large amounts… Read full this story
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