Agentic AI Spurs Massive Re-Rating of Server CPU Market, BofA Recasts Semiconductor Picks
BofA Securities has revised its semiconductor sector rankings after concluding that the rise of agentic AI will substantially broaden demand for server CPUs. The firm now projects the 2030 total addressable market for server CPUs to exceed $170 billion, up from a prior $125 billion estimate, and forecasts a 37% compound annual growth rate for 2025-…