AI Chip Wars Heat Up - These Stocks Win Regardless of Who Dominates
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Nvidia is the leader in AI GPUs, but faces competition from other chip giants. Whichever company wins, these stocks will benefit.
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Applied Materials provides semiconductor manufacturing equipment and should benefit from increasing complexity of AI chips.
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Cadence Design makes chip design software and has grown revenue as more companies design AI chips. It is also highly profitable.
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Super Micro Computer makes customized servers well-suited for AI, with building block modularity, fast time-to-market, and power efficiency.
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These companies benefit regardless of which chip giant wins the AI wars, as they provide essential technology and services.