Harvard professors John Campbell, Peter Rathjens, and Bruce Clarke created Arrowstreet Capital in 1999. The trio continues to hold key positions in the investment firm. The firm is recognized for keeping a low profile and using a quantitative approach to investing. Arrowstreet Capital is one of the world’s largest hedge funds, with a portfolio of $81 billion. The company, which was founded in 2003, makes financial judgments using quantitative algorithms and unique research. It offers consumers pension plans, endowments, and investment funds, among other things.
Insider Monkey listed Arrowstreet Capital’s favorite semiconductor stocks. Advanced Micro Devices, Inc. is one of three businesses with a license to design and market x86 microarchitecture-based central processing units (CPUs). Gamers and business customers can purchase graphics processing units (GPUs) from the company. Cadence Design Systems, Inc. is a software company based in the United States. Its products are used at the beginning of the chip production process. In February 2022, the company announced that it would join Intel Foundry Services, a division of the semiconductor giant Intel. In fiscal Q1, Synopsys, Inc. generated $1.3 billion in revenue and $2.40 in non-GAAP EPS. The company’s share price target was lifted to $400 from $335 in December 2021 by DA Davidson. At the end of fiscal Q4, Intel Corporation reported $19.5 billion in revenue and $1.09 in non-GAAP EPS. In the United States, Europe, and Asia, the business is investing in new chip manufacturing sites. Applied Materials, Inc. is a chip fabrication equipment producer whose machines help them build their products. The company’s devices are used in a variety of semiconductor production processes, including depositing materials on silicon wafers and then removing them to ‘print’ designs. For more details, click Ten Semiconductor Stocks To Buy Today According To Peter Rathjens, Bruce Clark, And John Campbell’s Arroswtreet Capital.
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