Mega-Trends: is this stock the next big thing?
Hindsight is a wonderful thing — if only we had known about Nvidia, Amazon or Apple ten years before their shares went exponential. There are no guarantees, and anyone who says they know which stock will be the next to join that club is either a fool or a liar. But we can at least look at contenders and a company covered here is undoubtedly one of these as well as being a contender for our Mega-Trends portfolio. (Premium)
There is a talent shortage in the chip design market; this is well known. Demand for chips is growing rapidly and is likely to continue and even accelerate; this, too, is widely known.
There are multiple reasons why chips are in such high demand. AI is creating the need for chips that can handle sophisticated processing and manage big data. The Internet of Things is creating a need for chips to go inside millions…
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