Many semiconductor stocks surged in 2016, thanks to rising demand for chips across multiple industries. The Philadelphia Semiconductor Index, which tracks many of the top names in the sector, rallied almost 50% over the past 12 months.
But despite that robust performance, some semiconductor stocks could rise even further this year. Let’s take a look at three chip plays that still have room to run: Xilinx (NASDAQ: XLNX), Micron Technology (NASDAQ: MU), and AMD (NASDAQ: AMD).
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