In This Article:
Oppenheimer has chosen its top stock picks for 2025 while the semiconductor sector gets up for a crucial earnings season. Each positioned to profit on expanding trends in artificial intelligence (AI) and data center expansion, the list includes Broadcom (NASDAQ:AVGO), Marvell Technologies (NASDAQ:MRVL), Nvidia (NASDAQ:NVDA), and Monolithic Power Systems (NASDAQ:MPWR).
Due to ongoing macroeconomic difficulties, especially in the automotive and industrial sectors, the company expects many chipmakers to start 2025 at a slow pace. As demand for AI-oriented solutions keeps rising though, the semiconductor scene is predicted to snap-back. Forecasts of cloud service providers indicate large budgets for data centers, therefore supporting the sector's pace. Especially in hardware and software meant for artificial intelligence, Nvidia is rather dominant. Customized application-specific integrated circuitswhich meet unique needsare helping Marvell and Broadcom Monolithic Power Systems continue to be a leader in 48V power solutions, a major field of invention, meanwhile.
The perspective of Oppenheimer emphasizes the importance of artificial intelligence developments in determining the direction of the semiconductor sector.
This article first appeared on GuruFocus.