Nvidia is setting the pace for 2024, already: Analyst

Nvidia (NVDA) has been a strong front-runner in the semi-conductor industry, but could there be a new wave of chip makers? Ruben Roy, Stifel Applied Technology Analyst joins Yahoo Finance Live to weigh in on the semiconductor market outlook for 2024.

Roy sees many possibilities for semiconductor companies, predicting expansion, noting Nvidia that has “cracked the code” with movement to software and services as well.

Roy believes that one way companies can achieve a return on investment will be “software services moving this infrastructure and technology into enterprise.”

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