Marvell Technology Should Be Boosted by a Strong Micron Quarter
Micron Increased HBM Sales Sequentially by Almost 50%
The Megatrend of AI is Still Underestimated
Reading Time: 1 minute
Marvell Technology (MRVL, i) should benefit from the strong quarterly results of Micron Technology (MU). Since December, custom HBM memory has been tested, demonstrating impressive performance in internal tests, such as a 70% lower energy consumption during data transmission between memory and processing unit. After all, the HBM memory market is expected to double to $35 billion this year and grow by 33% annually until 2030. Currently, half of all semiconductor revenues from data centers come from custom chips, where there is an opportunity of...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
