AI Server Industry Projected to Reach $187 Billion by 2024: Key Stocks to Watch

Reported 1 day ago

The AI server market is expected to skyrocket to $187 billion in 2024, driven by growing investments from cloud service providers in AI infrastructure. Companies like Micron Technology and Marvell Technology are poised for significant growth due to their critical roles in providing high-bandwidth memory and custom chips essential for AI servers. Micron is forecasted to experience a dramatic revenue increase, while Marvell is ramping up production of AI chips, further capitalizing on this lucrative market demand.

Source: YAHOO

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