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Semiconductor stocks outperformed the broader technology sector for a third year running in 2021, and entering 2022, mega-trends such as the adoption of artificial intelligence and machine learning, next-gen automotive and mobility, electrification and proliferation of low-power intelligent devices on the edge will likely drive further semiconductor content, according to a Needham analyst. The Nvidia Analyst: Rajvindra Gill named Nvidia Corporation (NASDAQ:NVDA) as his top AI/ML pickup for 2022.
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