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Analog Chipmakers Get AI Boost

Yahoo Finance1 min brief

In brief

  • Analog chipmakers are seeing a surge in demand due to the artificial intelligence infrastructure boom.
    • These companies make components that manage power flow in cars and data centers.
  • Their sales are expected to grow 50 to 100 percent this year.
  • Analysts see companies like Analog Devices and Texas Instruments benefiting from this trend.
  • They expect these stocks to rise further in the coming year.
  • The AI infrastructure boom will continue to drive demand for analog chips.

Terms in this brief

Analog chipmakers
Companies that produce analog chips, which manage power flow in devices like cars and data centers. These chips are crucial for various applications, including those involving AI infrastructure, where they help regulate and optimize energy use, contributing to the overall efficiency of systems.

Read full story at Yahoo Finance

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