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Should You Consider Adding Marvell Technology (MRVL) to Your Portfolio?
Chip stock earnings season is coming, Citigroup remains bullish.
As the earnings season is approaching its climax, Citigroup is still bullish on the semiconductor sector.
TD Cowen: AI dominance is not just limited to Nvidia, companies such as AMD (AMD.US), Broadcom(AVGO.US) etc. will also have good growth opportunities.
Research institution TD Cowen indicates that the theme of generative artificial intelligence (GenAI) has been dominated by a few giants, especially Nvidia (NVDA.US), but this team appears to be expanding.
Better AI Chip Stock: Broadcom Vs. Marvell Technology
Broadcom (NASDAQ: AVGO) and Marvell Technology (NASDAQ: MRVL) usually don't attract as much attention as higher-growth chipmakers like Nvidia (NASDAQ: NVDA).But like Nvidia, both diversified chip specialists are benefiting from the rapid expansion of the artificial intelligence (AI) market. Let's examine the AI-driven tailwinds for both companies and see which stock is a better chipmaking play right now.
Broadcom, Marvell, and 3 Other Chip Stocks to Play AI, Says J.P. Morgan -- Barrons.com
Tae Kim Booming demand for artificial-intelligence chips will boost the fortunes of several semiconductor stocks this year, according to J.P. Morgan. "We continue to believe that we are at the
AMD, Broadcom, Marvell Likely to See Increased AI Benefit in Second-half: TD Cowen
The analysts added that there are "no signs" of generative AI demand abating in the near term, pointing out that Broadcom recently raised its AI target for the full year.
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