News Formal

'Outsized winners': Morgan Stanley names global stocks to tap the 'upgrade supercycle' in a corner of AI

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 72%

Amkor Technology Inc News

ACM Research Inc,Taiwan Semiconductor Manufacturing Co Ltd,Disco Corp

'We think the market underestimates both the pace of innovation and the implications for growth,' said the bank.

The market is underestimating one corner of artificial intelligence, according to Morgan Stanley. That's advanced packaging in semiconductors, which consists of technologies that package integrated circuits to "increase functionality, high performance and form the foundation for more powerful and more efficient AI chips" — the last step in semiconductor manufacturing, after design and fabrication, the bank explained.

The bank noted the company has plans to build an advanced packaging and testing facility in Arizona – which will then package and test chips produced for Apple at the nearby TSMC facility. "Amkor intends to build out more than 500,000sf of clean room space with manufacturing targeted to be ready for production within the next 2-3 years," said Morgan Stanley, referring to a type of highly controlled environment to make semiconductors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley's Slimmon names tech stocks to buy at a 'reasonable price'Though he fears a change in market conditions could cause 'some sort of equity correction,' the portfolio manager says it's 'clear sailing' for stocks for now.
Source: CNBC - 🏆 12. / 72 Read more »

This is the next $100 billion cybersecurity company: Morgan StanleyThis is the next $100 billion cybersecurity company: Morgan Stanley
Source: Investingcom - 🏆 450. / 53 Read more »