10 Best Mid Cap AI Stocks to Buy Now

5. Lattice Semiconductor Corporation (NASDAQ:LSCC)

Market Cap as of March 27: $8.03 billion

Number of Hedge Fund Holders: 41

Lattice Semiconductor Corporation (NASDAQ:LSCC) is engaged in developing and selling semiconductor products. The company is a critical player in the broader AI space mainly due to its development of specialized semiconductor products, primarily FPGA (Field-programmable gate array), which are utilised in ML and AI applications. The company has launched 4 new solution stack updates in edge AI with Lattice sensAI™, embedded vision with Lattice mVision™, factory automation with Lattice Automate™, as well as automotive designs with Lattice Drive™. Such updates consist of improved performance with enhanced application-specific features and expanded IP, demo, and reference designs. With AI moving from centralized cloud computing to edge devices (such as smart cameras, autonomous vehicles, and industrial IoT devices), Lattice Semiconductor Corporation (NASDAQ:LSCC)’s high-performance, low-power FPGAs remain well-placed to ramp up AI workloads.

The company’s FPGAs, which can be reprogrammed as well as optimized for various AI workloads, place it as a leading player in AI inference at the edge. Notably, the Lattice sensAI™ platform provides a comprehensive solution for AI at the edge. Lattice Semiconductor Corporation (NASDAQ:LSCC)’s specialized FPGAs, power-efficient designs as well as customizable AI acceleration platforms place it favourably to exploit the opportunities provided by the higher demand for AI processing throughout diverse industries.