- Qualcomm is a leader in the mobile AI processor market, paving the way for affordable onboard AI in devices. Apple and Microsoft are already using Qualcomm’s powerful processors in their products. The company’s Snapdragon® 8 Gen 3 chipset is designed with Generative AI in mind, driving growth in the mobile processor business.
- Marvell Technology is focused on next-generation data center hardware beyond processors, offering solutions like digital signal processors and computer memory accelerators. With the global AI data center market projected to grow at almost 29% annually through 2029, analysts see potential for Marvell’s technologies to play a crucial role in enhancing data center capabilities.
- NXP Semiconductors is poised to excel in the AI chip market as AI applications move beyond data centers to real-world use like autonomous vehicles and industrial automation. The company’s innovative technology, such as the i.MX RT700 mini neural processing unit, is tailored for edge computing applications. Analysts forecast strong revenue growth for NXP, making it an attractive investment option with its low valuation and decent dividend yield.
Read more at Nasdaq: The AI Chip War: A Look at the Unexpected Winners of the Next 5 Years