Sep. 1 at 4:00 PM
Evercore ISI’s “Semis-on-Fire” report highlights connectivity as a key AI infrastructure bottleneck and investment opportunity. ALAB and MTSI were spotlighted for low-latency interconnect demand, with ALAB securing 10+ customer commitments and MTSI ramping ACC and early-stage LPO through 2026.
NVDA’s July quarter showed 12% QoQ compute growth ex-H20, reinforcing AI leadership, while MRVL met expectations but faced near-term custom silicon concerns. Evercore maintains Buy ratings on ALAB, MTSI, and NVDA, noting AMD and LRCX also positioned for upside. SOX rose 4%, led by RMBS, ALAB, and MTSI.
$ALAB $MTSI $MRVL $NVDA $AMD