Many leading semiconductor companies saw their stock prices soar in January 2023, according to data from S&P Global Market Intelligence. For example, Qualcomm (NASDAQ: QCOM) shares gained 19.7%, while Micron Technology (NASDAQ: MU) stock rose by 23.5%. Taiwan Semiconductor (NYSE: TSM) jumped even higher, closing the month's trading 25% higher.
These tech stocks have gotten off to a flying start this year, and may spring a positive surprise following a woeful 2022.
BOISE, Idaho, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced the appointment of Raj Narasimhan to the role of senior vice president and general manager of its Compute and Networking Business Unit. Narasimhan will be responsible for leading Micron’s largest business, driving advances in memory products focused on high-performance computing, artificial intelligence, and cloud and client computing. He will report to Sumit Sadana, Micron’s executive vice pres