Floating Button
Home News Semiconductor

Semiconductor cycle: Going up or down?

Nicole Lim and Douglas Toh
Nicole Lim and Douglas Toh • 26 min read
Semiconductor cycle: Going up or down?
Nvidia was already the world’s most valuable semiconductor firm. Now, it has become the first chip company ever to hit US$3 trillion in market capitalisation. Photo: Bloomberg
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The AI theme has taken global stock markets by storm, but for locally listed semiconductor stocks, that frenzy is still fuzzy for now

The Nvidia rally never seems to end. No thanks to the release of ChatGPT in November 2022, the artificial intelligence (AI) chipmaker has smashed new milestones every time it appears in the news — and that is happening often.

In February, Nvidia reported total revenue for the full year more than trebled to US$22.1 billion ($29.9 billion) from the previous year while net income for the quarter rose more than eightfold to US$12.3 billion.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.