Ahead of the earnings reports of Shenke Electronics (SMTC.US) and Marvell Technology (MRVL.US), UBS has high recommendations of "buy": optimistic about the long-term momentum of AI.

The Zhihui Finance APP noted that Semtech (SMTC.US) and Marvell Technology (MRVL.US) will respectively announce their quarterly results on August 25 and August 27. Although the valuations of these two stocks are "somewhat expensive" compared to historical multiples, UBS believes that both are well-positioned in the long term.