A Motley Fool analysis highlights Marvell Technology and ASML as stocks that could benefit from AI and semiconductor demand, citing a World Semiconductor Trade Statistics forecast for the global chip market to grow 90% to $1.5 trillion in 2026.
Marvell reported second-quarter 2026 revenue up 37% year over year. CEO Matt Murphy said AI-related bookings remained exceptionally robust and expected revenue growth to accelerate through the rest of fiscal 2027. The company said its connectivity business was on track to grow more than 70% in 2026, while management expects adjusted operating margin to reach 38%–40% by fiscal fourth quarter. WSTS also forecasts 27% market growth in 2027, to about $1.9 trillion.
ASML expects 2026 sales of advanced-logic foundry systems to rise more than 25% and memory-related systems more than 75%; it plans to increase capacity for its current high-volume extreme ultraviolet machines by about 30%. The analysis cites slower data-center spending as a risk and forward price-to-earnings multiples of 39 for ASML and 62 for Marvell. The Motley Fool discloses that it owns and recommends both stocks.
