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Here are three chip stocks to invest in amid Huawei fallout: Analyst

Berkeley Lovelace Jr.

Investors should consider buying up shares of Synopsis, AMD and Nvidia, RBC analyst Mitch Steves says. The stocks are well insulated due to their investments in AI and deep learning, he contends. As chip stocks sell off on a report that semiconductor makers are cutting ties with China's Huawei, investors should consider buying up shares of Synopsis SNPS , AMD AMD and Nvidia NVDA , RBC Capital Markets analyst Mitch Steves said Monday.

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