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Nvidia, Broadcom, Marvell Positioned For Growth As AI Demand Drives Semiconductor Momentum

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Nvidia, Broadcom, Marvell Positioned For Growth As AI Demand Drives Semiconductor Momentum - Benzinga

Quick Summary:

Due to the combination of weak demand conditions and digestion of excess inventory, semiconductor suppliers exposed to the PC, smartphone, industrial, and automotive end markets generally experienced revenue and earnings declines in 2024.

Also Read: Taiwan Semiconductor Hits $26.3 Billion Q4 Revenue, Reportedly Ends PowerAIR Deal Over Huawei Chip Breach Amid US Sanctions

As a result, AI-driven semiconductor stocks significantly outperformed the S&P 500 Index and non-AI-driven semiconductor stocks in 2024.

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Nvidia, Broadcom, Marvell Positioned For Growth As AI Demand Drives Semiconductor Momentum - Benzinga (Picture 1)

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 16:55:59 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 702 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25109894

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Official Website: benzinga.com

Update Frequency: 18 posts per day

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News Last Updated: 8 hours ago

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Publisher ID: #53

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