2 Artificial Intelligence (AI) Stocks to Buy as Demand for Custom Chips Soars

As demand for custom AI chips rises, Broadcom and Marvell Technology are positioned to capitalize on hyperscalers' shift away from Nvidia GPUs. Broadcom reported 143% year-over-year growth in AI chip sales to $10.8 billion with over 200% growth expected next quarter, while Marvell achieved record revenue of $2.4 billion with accelerating growth expected throughout fiscal 2027. Both companies benefit from major partnerships and increasing capex spending by tech giants like Alphabet, Amazon, and Microsoft.