As you look at semiconductor stock picks for 2024, it’s important to understand the state of the sector. Semiconductors are in the early stages of a super cycle that may have several years to run. That’s good news for investors who are not currently invested in this sector. The seeds for this rally were planted in 2020 when companies and consumers realized how dependent they were on these tiny chips from everything from smartphones to automobiles. As chip stocks tend to do, they surged as companies boosted demand, then fell off as companies had all the chips they needed. But there are two wildcards that are reshaping the cyclical…
