3 AI Stocks Set to Gain From Nvidia's Leadership Shakeup

invezz.com (Swedish) —

Nvidia's leadership crisis, triggered by Jensen Huang's resignation and CFO Colette Kress's appointment as interim CEO, has pressured the stock and may push customers to diversify suppliers, benefiting competitors AMD, Broadcom, and Alphabet. AMD is the most direct alternative AI-chip supplier, likely gaining evaluation opportunities and market share as buyers diversify, though interest must convert into orders. Broadcom benefits from demand for custom AI chips and networking, with its fiscal third quarter revenue rising 86% year-over-year to $29.6 billion. Alphabet offers Tensor Processing Units as an alternative, with Bloomberg Intelligence projecting TPU sales exceeding $50 billion next year, potentially strengthening Google Cloud. All three stocks closed higher on Thursday, with Wall Street maintaining buy ratings on each.


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