In 2024, driven by the AI boom, $NVIDIA (NVDA.US)$ Stocks have risen over 180% this year, with a cumulative increase of as much as 860% over the past two years. Chip stocks have also been one of the core drivers of this long-term bull market in U.S. stocks since 2023.

Analysts at Bank of America expect the overall sales of the Semiconductors market to grow by about 15% in 2025, building on the strong growth projected for 2024, reaching 725 billion dollars. Although this growth rate is slower compared to this year's forecast of 20%, it remains very strong and robust.

Looking ahead to 2025, major Wall Street firms have published their "preferred chip stock lists," summarized by Futu News as follows:

Bank of America indicates that U.S. chip stocks will continue to rise in 2025, with AI Chip stocks maintaining strong momentum in the first half of 2025, while in the second half, the market's focus will shift to areas such as Autos and industrial Semiconductors that have yet to be fully explored.

In terms of individual stocks, Bank of America names the "three giants of AI Chips" in the U.S. chip Sector - $NVIDIA (NVDA.US)$ 、 $Broadcom (AVGO.US)$ and $Marvell Technology (MRVL.US)$ Included in Bank of America's "Preferred Chip Stocks List" for 2025, which also includes Semiconductor equipment giants. $Lam Research (LRCX.US)$ And automotive chip giants. $ON Semiconductor (ON.US)$ The leader in the front-end inspection equipment sector of Semiconductors. $KLA Corp (KLAC.US)$ And the largest chip manufacturing equipment supplier in the USA.$Applied Materials (AMAT.US)$ 。

Bernstein reiterated their view on the Semiconductor cycle, maintaining a positive attitude towards certain Semiconductor Stocks while expressing caution towards others. The firm continues to favor. $Broadcom (AVGO.US)$ and $NVIDIA (NVDA.US)$ Both were rated as "Outperform the Market" on the basis that Broadcom may experience its "NVIDIA moment" in AI ASICs and networking, while NVIDIA is in a favorable position for the upcoming Blackwell cycle. Additionally, Bernstein maintains its rating on $Qualcomm (QCOM.US)$ despite the company's performance not meeting expectations, they believe Qualcomm's advantages in 5G technology could bring long-term returns.

Deutsche Bank believes that two themes will emerge next year: companies with a "broad base" may see improved growth, and tailwinds related to AI should continue.

Among the broad-based semiconductor companies, Deutsche Bank is bullish on $NXP Semiconductors (NXPI.US)$ and $ON Semiconductor (ON.US)$ It is believed that the expectations for these two companies are "at the low end," their structure has improved, and their valuations remain low.

Although NVIDIA dominates the AI theme in 2024, Deutsche Bank is bullish. $Broadcom (AVGO.US)$and $Marvell Technology (MRVL.US)$ These two companies are expected to benefit from the continued spending of hyperscale enterprises and support Apple and$Amazon (AMZN.US)$Development of integrated circuits for specific applications by the company. Analysts added:

In terms of AI, another year of ultra-fast growth for GPU-based accelerators is expected (led by NVIDIA and AMD), with contributions from ASIC and networking companies including Broadcom. $NXP Semiconductors (NXPI.US)$ Astera Labs (ALAB.US) will also contribute.

JPMorgan is bullish on 2025. $Broadcom (AVGO.US)$ 、 $Marvell Technology (MRVL.US)$ 、 $Analog Devices (ADI.US)$ The bank believes that these companies have all "leveraged AI and accelerated computing." Previously, it was also Bullish on $Synopsys (SNPS.US)$ and $KLA Corp (KLAC.US)$ , because both companies are directly involved in the part of the supply chain benefiting from advances in cutting-edge chips.

The report also positively mentioned $NVIDIA (NVDA.US)$ It continues to benefit from AI accelerator spending. $Arm Holdings (ARM.US)$ It benefits from its position in the computer intellectual property field. $Advanced Micro Devices (AMD.US)$ It benefits from its position in AI and general-purpose Server. $Micron Technology (MU.US)$ Due to its high exposure to enterprise solid-state drives, the trend of 'AI demand remains strong' in this field.

Morgan Stanley has selected, $NVIDIA (NVDA.US)$ 、 $Astera Labs (ALAB.US)$ and $Broadcom (AVGO.US)$ , and based on target prices of $166, $142, and $265 respectively. It is worth noting that Morgan Stanley reiterated its "Shareholding" rating on NVIDIA stocks, stating that the expected success of the company's next-generation AI Chip Blackwell has fueled the firm's bullish sentiment. The target price set by the firm is $166 per share, indicating that the stock could still rise about 17% from current levels.

Chip stocks continue to explode! Want to enter the market but find it difficult to time? "Monthly Payment Zone"The feature can help you, open Futubull > Market > US Stocks > Click on 'Monthly Payment Zone' > 'Create Monthly Payment' > Set your monthly payment plan to invest regularly and seize investment opportunities!

Editor/Somer