3 AI chip stocks that are best positioned right now

00:00 Speaker A

Well, chips are in focus after a strong year for AI driven demand with investors now looking ahead to earnings from Nvidia and watching Intel as it works to regain its competitive footing. Joining us now is John Vinh, Equity Research Analyst at KeyBanc Capital Markets. John, thanks for being here. As we know, the AI story is still front and center, but taking a step back, how should investors be positioning for it right now? And is upside still mostly in the Mac 7 or are you seeing pockets of opportunity elsewhere?

00:53 John Vinh

Yeah, I cover the semiconductor industry and I I think the three names right now in the near to medium term that are best positioned for AI demand is going to be um Nvidia, Broadcom, and AMD. You know, Nvidia, obviously, kind of the bellwether. They’ve got a clear lead on the space. No one’s even close to them. They just dominate the space. They’re ramping kind of their new server rack platform called GB200, also called Blackwell. They’re also on the verge of also ramping Blackwell through the back half and that’s only going to further extend their lead. Uh if I think about Broadcom, they are kind of your play on custom AI silicon. More and more hyperscalers, like Google uh with their TPU franchise, uh that’s going to be kind of the key tailwind for them into the back half of the year. And then AMD is kind of your up and comer, right? They they started at a really small market share position. They’re launching their latest AI GPU, the MI355. That’s going to drive significant upward estimate revisions in the second half and drive outside growth for them. So those are my three favorite plays right now uh heading into earnings.