Yahoo Finance·2025-09-26 13:57Group 1 - Broadcom is emerging as a major beneficiary of the AI chip boom, particularly in the custom ASIC market, which is gaining traction among cloud service providers seeking cost-effective alternatives to Nvidia's GPUs [1][5] - The performance efficiency of ASICs over GPUs is driving their demand, with other industry players also benefiting from this trend [3] - Broadcom's serviceable addressable market (SAM) from three hyperscale customers using its custom AI processors is estimated to be between $60 billion and $90 billion in the coming years [5] Group 2 - Marvell Technology is a smaller competitor in the custom AI processor market, aiming for a 20% market share by 2028, up from less than 5% in 2023 [7] - Marvell's projected addressable revenue opportunity in the custom AI processor market is $55 billion by 2028, which could translate to $11 billion in revenue if it captures its target market share [7][8] - Marvell's AI revenue for the ongoing fiscal year is expected to be $4 billion, but it may exceed $11 billion in three years due to its potential to gain market share from Broadcom [8]