Tech analysts say some semiconductor manufacturers should reap the biggest rewards from President Donald Trump’s Stargate artificial intelligence initiative. The project – a $50 billion joint venture backed by Oracle, OpenAI and Softbank – aims to build AI infrastructure in the United States over the next four years. Many on Wall Street hope the project will reward the entire technology industry, supporting inference, training, semiconductor and grid infrastructure growth. Over the past five trading days, ORCL 5D Mountain Oracle stock will include NVIDIA, Broadcom and Credo Technology in the GPU/Custom Silicon region; arm holdings in key chip intellectual property; Mizuho Securities analyst Vijay Rakesh on Micron Technology in high-bandwidth memory products. The company sees Broadcom as one of the biggest winners, estimating that its new Trainium platform could grow its available addressable market to between $60 billion and $90 billion, from $20 billion in 2024. and packaging. Rakesh wrote: “We assume ~$40-50B of ~$500B spend by 2027-28E, spend from OpenAI to OpenAI will likely be on custom silicon (AVGO) as we enter the project timeline later , as Avgo continues to develop its own chips” via its stock symbol to Broadcom. In addition to Broadcom, Rakesh also considered Credo and Micron Technology, as well as Stargate, citing connectivity and storage needs. ARM will profit from annual royalties of $15,000 to $200 million on graphics processing unit and network designs. Overall, Rakesh expects Nvidia to stick to its lead as an AI chip supplier even as other companies make strides.
Chip stocks to benefit from Trump’s AI project Stargate | Real Time Headlines
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