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Here are the chip stock winners from the new iPhones: Cowen

Cowen shares its best semiconductor stock ideas that will benefit the most from the new iPhones later this year.

David Paul Morris | Bloomberg | Getty Images

A Broadcom Corp. Tomahawk chip.

The latest iPhones announced by Apple on Tuesday will likely be the biggest consumer technology product launches this year.

To take advantage, one Wall Street analyst shared his best semiconductor stock ideas featuring those that will benefit the most from innovative features added to the new models.

"Our supply chain work indicates a significant increase in iPhone X units for December quarter," Cowen analyst Karl Ackerman wrote in a note to clients Tuesday.