Nvidia has become the face of the AI boom, but investors are now looking for the next semiconductor winner that can turn artificial intelligence demand into the kind of long-term growth Nvidia enjoyed. Broadcom, Marvell, AMD and Intel are among the most closely watched names in that hunt, each with a different strategy for capturing the market.
Broadcom has emerged as one of the strongest contenders because of its custom AI chip business, which is increasingly tied to large cloud customers building their own infrastructure. The company has said it sees a path to more than $100 billion in AI chip revenue by 2027, and recent reports suggest Broadcom's custom AI ASIC revenue is already far ahead of Marvell's. Broadcom also continues to benefit from major hyperscaler partnerships, reinforcing its position as a core supplier in AI data centers.
