There's a corner of the artificial intelligence trade that hasn't been as flashy as memory giants Micron (MU) or SK Hynix (SKHY), but Wall Street says it could be poised for a strong run.
Analog chipmakers, which provide the components that manage power flow in everything from cars to data centers, have emerged as beneficiaries of the AI infrastructure boom.
"AI is increasingly becoming a meaningful **** og opportunity, with demand extending beyond the rack into power infra," Bank of America **** yst Vivek Arya wrote in a note Monday.
The firm expects most AI-related sales across the **** og chip group to grow 50% to more than 100% this year as **** og chips become increasingly important, given that AI data centers require massive amounts of power management.
Unlike memory chips, **** og semiconductors are tied to a much wider range of industries, including factory automation, electronics, aerospace and defense, and power infrastructure.
Analog chipmakers, which provide the components that manage power flow in everything from cars to data centers, have emerged as beneficiaries of the AI infrastructure boom.
"AI is increasingly becoming a meaningful **** og opportunity, with demand extending beyond the rack into power infra," Bank of America **** yst Vivek Arya wrote in a note Monday.
The firm expects most AI-related sales across the **** og chip group to grow 50% to more than 100% this year as **** og chips become increasingly important, given that AI data centers require massive amounts of power management.
Unlike memory chips, **** og semiconductors are tied to a much wider range of industries, including factory automation, electronics, aerospace and defense, and power infrastructure.
4 months ago
