1. Nvidia and Broadcom are the first two trillion-dollar chipmakers, with Nvidia worth $4.3 trillion and Broadcom worth $1.8 trillion. The growth of the AI market has driven their success, with Nvidia’s data center GPUs and Broadcom’s networking chips seeing increased sales.
  2. AMD is becoming an AI chipmaker by focusing on its data center business, which includes Epyc CPUs and Instinct GPUs. AMD’s revenue growth by segment shows a strong performance in the data center segment, offsetting slower growth in other areas.
  3. Analysts expect AMD to continue growing, potentially reaching a market cap of nearly $2.5 trillion by 2035. With solid performance in the AI market, AMD has a chance at becoming the next trillion-dollar chipmaker.
  4. Before investing in Advanced Micro Devices, consider analyst recommendations for the top 10 stocks to buy now. While AMD wasn’t on the list, historical returns from previous recommendations show the potential for significant gains.

Read more at Nasdaq: Could This AI Chipmaker Be the Market’s Next Trillion-Dollar Contender?