Fast Money Traders Share Their Chip Picks

On CNBC's "Fast Money", Guy Adami said that NVIDIA Corporation NVDA has a chance to move to $200. He also thinks that Advanced Micro Devices, Inc. AMD could trade higher.

Tim Seymour said he owns Intel Corporation INTC and he feels comfortable owning the stock. He also likes Taiwan Semiconductor Mfg. Co. Ltd. (ADR) TSM.

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Dan Nathan believes Intel has a great balance sheet and he added that the stock is trading well below the market multiple. He thinks that it could trade higher.

Pete Najarian sees Nvidia as a great trade. He would buy the stock. He also thinks that Western Digital Corp WDC is a buy, because the company has diversified into the semiconductor space with acquisitions.