JP Morgan says there are three semiconductor companies set to prosper from growing demand for AI software and services.
In a note to clients Friday, analyst Harlan South said
nvidia
(heart:
NVDA
),
broadcom
(
AVGO
), and
Marvell Technology
(
MRVL
) are better positioned to sell their chips to tech giants that build AI products. It has overweight ratings on Nvidia and Marvell, and no rating on Broadcom.