Nvidia and Broadcom Surge on AI Growth Outlook; Intel Lags Despite Turnaround Efforts

Nvidia (NVDA) shares have skyrocketed 213% YTD as demand spikes for its GPUs used in AI models. Wall Street sees 41% upside potential.

Broadcom (AVGO) shares are up 51% YTD on expected benefits from the AI boom. Analysts see 16% further upside for the stock.

Intel (INTC) shares have risen 37% YTD as investors appreciate its turnaround efforts, though weak PC demand has hurt revenue. Analysts are sidelined on the stock.

Nvidia is seen as the frontrunner to gain from AI demand, though Broadcom is also expected to benefit significantly from generative AI growth.

While analysts are bullish on NVDA and AVGO, they have a Hold rating for INTC based on doubts about its ability to execute amid weak end markets.