AI Stocks Surge as Nvidia's Dominance Faces New Challenges

Nvidia leads the AI boom, but competition from Amazon, Broadcom, and AMD highlights shifting dynamics in the tech industry.

Nvidia's stock has soared amid high demand for its AI GPUs, but its market lead is being contested by emerging competitors.
Amazon is investing heavily in AI, including a $4 billion stake in Anthropic and $11 billion in data centers, positioning itself as a future leader.
Broadcom's network infrastructure expertise makes it a key player in AI, with significant investments from hedge fund managers.
AMD and Taiwan Semiconductor Manufacturing are gaining traction, benefiting from Nvidia's growth and expanding their own AI capabilities.
Legacy tech companies like Dell and HP are also experiencing gains, driven by increased AI-related demand.