J.P. Morgan says there are three semiconductor companies that will thrive from the rising demand for artificial-intelligence services and software.
In a note to clients on Friday, analyst Harlan Sur said
Nvidia
(ticker:
NVDA
),
Broadcom
(
AVGO
), and
Marvell Technology
(
MRVL
) are best positioned to sell their chips to technology giants building AI products. He has Overweight ratings on Nvidia and Marvell, and no rating on Broadcom.