From Nasdaq:

Nvidia (NASDAQ: NVDA) is leading the AI revolution with a market value of $2.2 trillion, gaining $1.5 trillion in the past year. But analysts also favor Advanced Micro Devices (NASDAQ: AMD) and Axcelis Technologies (NASDAQ: ACLS) in the semiconductor sector for their data center and chip fabrication opportunities.

AMD is stepping up as a competitor to Nvidia in data centers with its latest MI300 lineup chips, catering to AI workloads. With strong commercial demand from key data center operators and a 90% market share in AI-enabled personal computers, AMD is poised for significant growth in the coming years.

Axcelis Technologies manufactures ion implantation equipment critical for chip fabrication, with high demand from producers of silicon carbide power devices for electric vehicles and AI-related semiconductors. With record revenue in 2023 and $1.2 billion order backlog, the stock is attractively valued compared to industry peers, presenting a strong investment opportunity.



Read more at Nasdaq: Forget Nvidia: 2 Super Semiconductor Stocks to Buy Hand Over Fist, According to Wall Street