AI Boom: Unsung Heroes in Semiconductor Surge

Unsung Heroes of AI Boom: Mid-Cap Stocks Poised for GrowthBank of America analyst Vivek Arya highlights mid-cap companies like Credo, MKS Instruments, Advanced Energy, MACOM, and Teradyne as key players in the AI boom. These firms provide essential tech like networking gear, cables, power systems, and testing equipment, contributing to the massive spending behind AI data centers. With the total market for AI data center systems predicted to reach $1.2 trillion by 2030, these supporting players stand to gain a significant share, despite facing challenges like falling prices and lower gross margins.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.