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‘Fundamentals Set for 2H Growth’: JPMorgan Expects These 3 Semiconductor Stocks to Fly Higher

Last year was tough for technology stocks, with the tech-oriented NASDAQ index falling 33% by the end of 2022. The index has seen a sharp turnaround these last few months, however, and has posted a 16% gain year-to-date so far. And, with the overall index, there have been some consistent overperformers – which brings us round to the semiconductor chip stocks. The global chip spending reached $570 billion last year and is projected to reach $1 trillion per year by the end of the decade, indicatin