Citrini Analyst says JPM's supply chain survey indicates that Google (GOOGL) is developing an SRAM-based compute engine in collaboration with Marvell (MRVL) (a concept similar to NVIDIA's Groq LPU), and this is expected to negatively impact MediaTek's TAM

Citrini's analysis suggesting Google's development of an SRAM-based compute engine with Marvell could significantly reshape the competitive landscape in the semiconductor space, particularly for MediaTek. If accurate, this shift could signal a new challenge for MediaTek's total addressable market (TAM), indicating a potential bearish outlook for its stock performance. Traders should monitor market reactions closely, especially in semiconductor equities, as this development aligns with increasing competition in compute technologies.