Wall Street is still digesting Nvidia's (NVDA) second quarter earnings as shares remain under pressure. But many more chip makers like Marvell Technology...
) still have yet to report earnings . But could they have a chance at acquiring more market share in the AI chip market from Nvidia following its latest results?
Broadcom is set to report its fiscal third quarter results next week on Thursday, September 5. Zino finds Broadcom's networking business to be"the bread and butter" for their semiconductor segments. Our view with kind of the inventory correction has kind of really played itself out at this point in time and you're now looking at potential sequential improvement here in the July quarter and more importantly in the following 2 to 3 quarters.
And of course, the networking business, which is kind of the bread and butter of uh their semiconductor business.So as far as kind of the semiconductor business A I is driving uh that business very well as well as Apple and then the VM ware side of things, they continue to exceed our expectations on both the cost cutting side of things as well as kind of the revenue growth trajectory.
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