HomeTrading NewsThese are the best chip stocks to ride the auto industry’s EV race, Cowen says

These are the best chip stocks to ride the auto industry’s EV race, Cowen says

Microprocessors on a circuit board displayed at the Mobile World Congress in Barcelona, Spain, March 2, 2015.

Simon Dawson | Bloomberg | Getty Images

While electric vehicle makers like Tesla, Rivian and Lucid might grab all the headlines, there’s a big investing opportunity around the semiconductor companies that are integral to EVs, according to Cowen.

The firm said it’s “still too early to parse specific winners,” but put together a basket of outperform-rated chip names that have significant exposure to the rapidly growing EV market.

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