3 Quiet AI Revenue Accelerators With Sales Growth Outpacing Peers

Fabrinet, MACOM Technology Solutions, and Credo Technology Group are three overlooked semiconductor firms positioned to benefit from the growing AI supply chain. All three companies posted strong recent revenue growth, with Fabrinet, MACOM, and Credo reporting sales increases of 39%, 22.5%, and 157% year-over-year, respectively. Analysts remain largely bullish on all three stocks, citing attractive valuations and Buy ratings.

The AI boom is reshaping the market well beyond its most obvious beneficiaries—tech, energy, and utilities firms —and some of the best ways to benefit from it have largely gone overlooked. Even within a prominent AI industry like semiconductors, some companies have unique opportunities to serve as pick-and-shovel investments due to their role within the complex AI supply chain. When considering possible AI revenue accelerators, it helps to look for firms that already have some sales growth momentum. Three companies— Fabrinet NYSE: FN , MACOM Technology Solutions NASDAQ: MTSI , and Credo Technology Group Inc. NASDAQ: CRDO —are all in this category and boast strong analyst support, making them candidates for an increasingly prominent role in the AI industry.

Fabrinet is a precision optical packaging company responsible for many of the key components vital to hyperscalers and data centers, such as transceivers and silicon photonics components. This means that the company is positioning itself at a major bottleneck in the broader AI supply chain and as a firm likely to play a role in a growing share of AI system deployments for the foreseeable future.