Veytics Intelligence
2026-09-23 · NASDAQ

Elon Musk Is Going All In on Nvidia, but Are These Two Chip Stocks Better Buys?

Key Points Nvidia remains the leader in AI model training chips. AMD and Broadcom could benefit more from the surge in spending on chips for inference. 10 stocks we like better than Nvidia › Elon Musk made waves when he announced that Space Exploration Technologies would exclusively use Nvidia (NASDAQ: NVDA) chips going forward. It was a big coup for the graphics processing unit (GPU) maker and is sure to bring in hundreds of billions of dollars in revenue in the coming years. However, Nvidia is not the only artificial intelligence (AI) semiconductor stock in town, and Advanced Micro Devices (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO) could actually be the better investments. Here's why. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.

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