Better Custom ASIC Stock: Marvell vs. Broadcom
Key takeaways
- MRVL NVDA AVGO The demand for application-specific integrated circuits (ASICs) has been booming due to their deployment in data centers that handle artificial intelligence (AI) workloads.
- The specific nature of these custom ASICs means they deliver better performance and higher power efficiency than general-purpose chips.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
MRVL NVDA AVGO The demand for application-specific integrated circuits (ASICs) has been booming due to their deployment in data centers that handle artificial intelligence (AI) workloads. These ASICs are designed to perform a specific function, unlike general-purpose compute chips that handle multiple tasks.
The specific nature of these custom ASICs means they deliver better performance and higher power efficiency than general-purpose chips. Not surprisingly, shipments of custom ASICs are predicted to triple between 2024 and 2027, according to Counterpoint Research. Marvell Technology (NASDAQ: MRVL) and Broadcom (NASDAQ: AVGO) are the dominant players in custom ASICs, which helps explain their solid growth.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »