1. Nvidia continues to dominate the AI chip space with a 92% market share in GPUs and a $39.1 billion data center revenue in Q1, showing exponential growth. Its ecosystem, including CUDA software and NVLink technology, solidifies its market position.
2. AMD, while behind Nvidia in GPUs, is gaining ground in AI inference and data center CPUs. Collaborating on UALink Consortium with Intel and Broadcom could challenge Nvidia’s dominance. Even a small market share gain could boost AMD’s stock in the growing AI market.
3. Alphabet is excelling in AI, with search revenue growth accelerating and Google Cloud revenue surging due to strong AI demand. Its tensor processing units (TPUs) are cost-efficient and widely adopted. Waymo, its robotaxi business, offers a promising growth opportunity. Alphabet is a long-term AI winner.

Read more at Nasdaq: What Are 3 Great Tech Stocks to Buy Right Now?