3 Semiconductor Stocks Enjoy Boost Due To AI Demand: 'Outlook Remains Strong Through Next Year'
Portfolio Pulse from Surbhi Jain
The demand for AI-driven networking and optical infrastructure is surging, with significant growth expected in CY24 and CY25. Broadcom Inc, Marvell Technology Inc, and MACOM Technology Solutions Holdings Inc are highlighted as key players poised to benefit from this trend, according to JPMorgan analyst Harlan Sur. Broadcom's AI networking revenues are projected to increase, Marvell's collaborations with tech giants support its dominance, and MACOM's innovation in components positions them strongly in the market.
March 27, 2024 | 2:00 pm
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Broadcom is projected to see significant growth in AI networking revenues, driven by demand for high-performance networking to support AI workloads.
Broadcom's focus on co-packaged optics and next-gen switching chipsets positions it well to capitalize on the growing demand for AI-driven networking solutions.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Marvell's dominance in PAM4 DSP chipsets and collaborations with major tech firms positions it as a key player in the semiconductor market for advanced networking architectures.
Marvell's strategic collaborations and its role in enabling higher optical connectivity in data centers through PAM4 DSP chipsets underscore its strong position in the market.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
MACOM's focus on high-performance analog and photonic components for next-generation networking architectures positions it well in the evolving connectivity landscape.
MACOM's innovation in linear drive pluggable optics and copper transceiver architectures makes it a reliable partner for customers in the networking sector.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90