Move Over Marvell, Here Are the Next 2 $1 Trillion Semiconductor Stocks
AMD and ASML look set to hit trillion-dollar market caps before Marvell.
Move Over Marvell, Here Are the Next 2 $1 Trillion Semiconductor Stocks
Overview
Nvidia CEO Jensen Huang made waves recently when he called Marvell Technology (NASDAQ: MRVL) the next trillion-dollar semiconductor stock. Nvidia took a $2 billion stake in Marvell earlier this year and formed a partnership to make it easier for Marvell's custom chip customers, such as Amazon, to integrate their chips into Nvidia's ecosystem via NVLink Fusion.
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Marvell has a strong custom chip business, with Amazon as its lead customer. However, there is wide speculation that it is set to lose the lead role in future iterations of its Trainium chips to Taiwanese semiconductor company AIchip. It's also helping Microsoft with its new Maia artificial intelligence (AI) accelerator. But the most exciting part of its business is optical interconnects, which are replacing copper wires within data centers and becoming more important as AI data centers need faster connectivity.
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Originally published at www.fool.com.
