Broadcom's AI business has gained impressive momentum, and it could keep getting better. There should be a big surge in the number of chips made using Arm Holdings' AI-focused architecture over the next couple of years.
Apple's new iPhone 16 will be the first launch since it announced Apple Intelligence. One supplier could be a bigger winner than Apple if the new phone is successful.
Arm Holdings NASDAQ: ARM is a renowned semiconductor IP designer whose chips power billions of devices worldwide. Arm has recently caught the eye of investors, surging in value on the back of a strong endorsement from Morgan Stanley NYSE: M.
Arm Holdings (ARM) shares jumped Wednesday after Morgan Stanley analysts named the chip designer "Our New Top Pick" because of its reach into artificial intelligence (AI) products.
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