TECH - Bank Of America Bullish On AI: Spotlights Top Supply Chain Stocks To Watch | Benzinga
Bank of America has identified key global stocks along the AI supply chain, including several NVIDIA Corp (NASDAQ:NVDA) suppliers poised to benefit from the AI boom.
What Happened: BofA highlighted the booming AI market and the potential for smaller firms in the global AI supply chain to benefit, reported CNBC.
"The scarcity of AI/computing suppliers helps higher value-added and bargaining power, esp. for costly AI products," BofA analysts wrote.
It named various parts of the supply chain that stand to benefit from AI and its top stocks in each category. These include:
- Server original design manufacturers: Quanta Services (NYSE:PWR), Wistron (OTC:WICOF), and Foxconn Industrial Internet
- Hardware tech: Unimicron and NYPCB
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- Semiconductors: Alchip Techs (OTC:ALCPF), eMemory, and MediaTek
Why It Matters: ...