Google Selects MediaTek for TPUv9 Development
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Source: seekingalpha
- Partnership Selection: Google has chosen MediaTek to develop TPUv9 (Triggerfish), replacing Broadcom and Qualcomm, indicating strong confidence in MediaTek's capabilities in the AI chip sector.
- Market Positioning Advantage: GF Securities analyst highlights MediaTek's Triggerfish potential due to higher ASP/content and large SRAM design, which may allow it to surpass Broadcom in the inference market, further solidifying its competitive position.
- Revenue Forecast Upgrade: The expectation for MediaTek's ASIC-related revenue in 2028 has been raised from $1.5 billion to $2.3 billion, reflecting market recognition of its future growth potential.
- Competitive Dynamics Analysis: Analysts believe Broadcom's Bladerunner project has not yet commenced, and it is expected to launch only one new TPU SKU in 2028, showcasing MediaTek's technological advancement lead.
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Analyst Views on AVGO
Wall Street analysts forecast AVGO stock price to rise
30 Analyst Rating
29 Buy
1 Hold
0 Sell
Strong Buy
Current: 369.340
Low
370.00
Averages
457.75
High
525.00
Current: 369.340
Low
370.00
Averages
457.75
High
525.00
About AVGO
Broadcom Inc. is a global technology firm that designs, develops, and supplies a range of semiconductors, enterprise software and security solutions. The Company operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. It provides a variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. Its infrastructure software segment includes its private and hybrid cloud, application development and delivery, software-defined edge, application networking and security, mainframe, distributed and cybersecurity solutions, and its FC SAN business. It provides a portfolio of software solutions that enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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