"Top AI Chip Stocks to Watch for Aggressive Corporate Deals"

1 min read
Source: Investor's Business Daily
"Top AI Chip Stocks to Watch for Aggressive Corporate Deals"
Photo: Investor's Business Daily
TL;DR Summary

Four semiconductor stocks, namely Advanced Micro Devices (AMD), Broadcom (AVGO), Marvell Technology (MRVL), and Nvidia (NVDA), are leading the boom in spending related to generative artificial intelligence, according to CFRA Research analyst Angelo Zino. He called them "the four horsemen of AI" and reiterated his buy ratings on the stocks. Nvidia has the strongest position in the AI market, followed by AMD, Broadcom, and Marvell. The emergence of generative AI as a killer application for artificial intelligence has kicked off a massive upgrade cycle for data center hardware.

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