Five stocks that are major suppliers to the AI giants NVIDIA, Alphabet, Microsoft, Amazon, and IBM:
Taiwan Semiconductor Manufacturing Company (TSM): TSMC is a critical supplier for NVIDIA, producing the advanced semiconductors and GPUs used in AI applications. TSMC’s cutting-edge chip manufacturing capabilities make it an essential partner for companies requiring high-performance computing hardware.
Intel Corporation (INTC): Intel supplies various processors and hardware components used by Alphabet (Google) and Amazon (AWS). Intel’s advancements in AI-specific hardware, such as its Movidius chips and Xeon processors, support AI workloads and data center operations.
Broadcom Inc. (AVGO): Broadcom supplies networking and storage solutions that are integral to data centers operated by Microsoft and Amazon. Their high-performance switches and connectivity solutions help manage the vast amounts of data processed in AI operations.
Micron Technology (MU): Micron provides memory and storage solutions essential for AI workloads. Their DRAM and NAND products are used by NVIDIA, Microsoft, and other tech giants to support the intensive data processing and storage needs of AI applications.
ASML Holding (ASML): ASML is the sole supplier of extreme ultraviolet (EUV) lithography machines, which are crucial for producing the advanced chips used by companies like TSMC. These chips are then used by AI leaders such as NVIDIA and Google for their AI hardware needs.
These companies supply critical components and technology that enable the major AI players to develop and deploy their advanced AI systems and applications.