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Bank of America flagged Marvell Technology (MRVL) and Advanced Micro Devices (AMD) as two top “AI compute” stocks to buy now.
Bank of America named Marvell Technology and AMD as top 'AI compute' semiconductor stocks to buy now.
KEY POINTS
- Marvell recently launched a 260-lane PCIe 6.0 switch specifically for AI data centers.
- Marvell's partnership with Nvidia includes a $2 billion investment to advance photonic technologies for AI.
- AMD secured major contracts for AI systems and expanded its partnership with OpenAI for future growth.
- AMD's Helios rack-scale platform and MI450 accelerator are positioned to challenge Nvidia's AI dominance.
COMPANIES
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