As October draws to a close, so does one of the most volatile trading months since the fall of 2011. Just a few short weeks ago we were one more big trading day from a full-blown correction. Now, after a tremendous snap-back in the market, we sit just shy of the 2,000 mark once again on the S&P 500. A new research piece from UBS points out that, with market volatility that spiked the VIX index to its highest level since the rocky days of 2011 and returning to a level consistent with the past couple of years, four top chip stocks may benefit, and benefit big.

The following four stocks in the UBS coverage universe look to benefit from the return to lower volatility. All are rated Buy at the firm, and they make good sense for aggressive investors looking to add more technology to portfolios.

Avago Technologies Ltd. (NASDAQ: AVGO ) not only gets a huge chunk of its business from Apple but it is a big provider in the cloud/hyperscale data center and networking segment. The company supplies Cisco Systems with application-specific integrated circuit for a variety of high-end gear. It also indirectly sells into Scientific Atlanta by supplying integrated circuits for disk drives that end up in DVRs.

Avago investors are paid a 1.6% dividend. The UBS price target for this top stock is $87. The Thomson/First Call consensus price target is higher at $94. Avago closed Tuesday at $84.20 a share.

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Intel Corp.‘s (NASDAQ: INTC) new commitment to smartphone and mobile applications, combined with the resurgence of PC growth this year, has made Intel one of the best large-cap value stocks to buy in 2014, and the same outlook can drive the stock next year. Intel trades at 15 times forward earnings, more than in recent years, but still a reasonable multiple for investors looking for growth. The UBS team cited lower beta, a very fair dividend yield and operating leverage as good reasons to invest in the chip giant.

Intel Shareholders are paid a solid 2.7% dividend. UBS has a $37.50 target, while the Consensus target is posted at $34.88. Intel closed Tuesday at $33.74.

Micron Technology Inc. (NASDAQ: MU) is a leader in DRAM chip sales and is one of the top UBS memory picks. It has seen a nice streak of beating earnings estimates, topping estimates by at least 35% in the previous two reports. So it has a nice short-term history of crushing expectations. With a looming memory shortage, the stock could have serious upside potential. David Einhorn’s Greenlight Capital still holds more than 40 million shares of the stock, worth $1.3 billion.

The UBS price target is $38, and the consensus target is $41.43. Micron closed Tuesday at $32.61.

NVIDIA Corp. (NASDAQ: NVDA) remains Silicon Valley’s top graphics chip company, and many on Wall Street see the stock having the ability to soar over the next year. It has used its ability to leverage past investments with a more controlled spending structure ahead. That enables strong cash flow that is allowing a focus on capital return, which is currently estimated to be $1 billion next year. Despite a strong move this year, the UBS team thinks the best could still be ahead, especially after trading sideways for the past six months.

Investors receive a 1.8% dividend. The UBS price target for the stock is $20 and may go higher at some point. The consensus target is also posted at $20. NVIDIA closed Tuesday at $18.93.

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While there is no guarantee lower volatility is here to stay, the general outlook for the market going forward is positive. The combination of the traditionally good fourth-quarter trading patterns, combined with a historically good mid-term election year boost, should bode well for these top stocks to buy.

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