Broadcom, Marvell Set To Lead In 2025 As Sector Is 'At The Cusp Of A Semiconductor Up-Cycle,' Says Analyst
Portfolio Pulse from Surbhi Jain
JPMorgan analyst Harlan Sur predicts a semiconductor up-cycle, with Broadcom and Marvell leading due to their strong positions in cloud and AI markets. The sector is expected to see positive growth into 2025, driven by demand for cloud infrastructure and custom chips. Clearing excess inventory and ongoing M&A activity are also positive factors.
October 18, 2024 | 1:02 pm
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Broadcom is well-positioned to benefit from the upcoming semiconductor up-cycle due to its strong presence in networking and wireless chips, and increasing demand for cloud infrastructure and AI applications.
Broadcom's strategic positioning in cloud and AI markets, along with the clearing of excess inventory, supports a positive outlook. The analyst's prediction of a semiconductor up-cycle further boosts confidence in Broadcom's growth potential.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Marvell Technology is expected to benefit from the semiconductor up-cycle due to its focus on custom chips for data centers and networking, positioning it well in the AI market.
Marvell's focus on custom chips for data centers and AI positions it well for the predicted semiconductor up-cycle. The clearing of excess inventory and strong demand in its markets support a positive outlook.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90