迈威尔科技:受益AI算力增长与互联升级双驱动

华泰证券
23 Dec 2024

首次覆盖Marvell,给予“增持”评级。公司为全球高速通信网络芯片核心供应商,聚焦“通信网络+计算处理+存储”三大业务布局。生成式AI 发展对数据中心算力和通信网络互联均提出更高要求,我们看好公司AI 算力+AI互联(光模块电芯片、定制AI 加速芯片等)双重布局深度受益。AI 算力:CSP 加速自研AI 芯片,公司获订单打开429 亿美金市场空间AI 推动数据中心算力需求加速增长,谷歌、亚马逊等...

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