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0.00103899702154191 0.00187019463877544 -0.000277065872411111 -0.000346332340514036 0.00471011983098987 0.00187019463877544 0.00173166170256979 -0.00962803906628792
Stock impact report

AMD rises after BofA keeps Buy rating ahead of AI event spurring investor debate [Seeking Alpha]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Seeking Alpha
Analysts led by Vivek Arya said their top AI picks remain Nvidia ( NVDA ) and Broadcom ( AVGO ). However, they noted that AMD's rating was maintained because the company is uniquely positioned for — CPU Share gains: AMD can capitalize in PC/server and CPU share market by taking share from Intel ( INTC ), which remains in turmoil with frequent restructuring. The second is, AI growth: Ride the expanding AI market (2027 AI accelerator total addressable market, or TAM, at over $400B, according to AMD) where the leader Nvidia continues to expand the addressable market that is always looking for alternative merchant and application-specific integrated circuit, or ASIC, suppliers, according to the analysts. Last year AMD's event, known as Advancing AI, was held on Dec. 6 and produced 19%/80% stock returns 1/3 months later (compared to Philadelphia Semiconductor Index ( SOX ) up 10%/37%), as AMD unveiled a massive $400B 2027 TAM in AI accelerators, the analysts added. Similarly, roadma Show less Read more
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