The AI boom continues to reshape the semiconductor landscape, and two key players - Marvell Technology Inc
With AI infrastructure spending accelerating and hyperscalers ramping custom silicon deployments, both companies stand to benefit. However, with distinct strategies and product roadmaps, the battle for AI dominance is heating up.
Let's break down what's at stake for each ahead of their earnings results.
Marvell: Riding The AI Networking Wave
Marvell reports its fourth quarter earnings on March 5 after the bell, and expectations are sky-high. JPMorgan analyst Harlan Sur forecasts January quarter revenue of $1.9 billion. That's ahead of the $1.801 billion consensus, with April quarter guidance expected to surpass $2 billion.
AI momentum remains the key driver, particularly with the Trainium 2 ASIC ramp at AWS
Broadcom: Prepping For A Major 2H AI Surge
Broadcom reports first quarter earnings on March 6, with Sur expecting a solid beat. He projects January quarter revenue of $14.7 billion, slightly ahead of consensus ($14.6 billion). While April quarter guidance may be flattish to slightly up at $14.7-$14.9 billion, Broadcom's AI business is gearing up for a significant second-half ramp.
The TPU v6 3nm training chip with Alphabet Inc's
AI networking and custom ASICs remain the core catalysts, alongside Broadcom's VMware integration, which unlocks additional growth avenues.
The AI Showdown: Who Comes Out On Top?
Sur remains bullish on both stocks, calling them top picks in AI infrastructure. With hyperscalers doubling down on custom ASIC adoption and AI networking demand accelerating, Marvell and Broadcom are poised for strong years ahead.
As the earnings showdown unfolds, investors will be watching to see which chip giant cements its lead in the AI race.
