Strong competitors have emerged in the AI hardware field.
NVIDIA, the leader in AI, has recently seen a continuous surge in its stock price, surpassing Apple to become the top in market value, with outstanding performance. Meanwhile, Broadcom and Micron Technology, which may seem insignificant, are also quietly catching up.
Ruihui Securities analyst Jordan Klein believes that NVIDIA is undoubtedly the leader, but recently Broadcom and Micron Technology have shown outstanding performance, enough to rival NVIDIA and together form the &#34;AI Three Knights&#34;.
The most obvious indicator is their stock price performance.
As of Tuesday, Broadcom's stock price has risen for seven consecutive trading days, with a cumulative increase of over 28%, pushing the company's market value to surpass the $800 billion mark in a very short period of time.
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On the other hand, Micron Technology, with a smaller market value, has seen its stock price rise for seven out of the past eight trading days, with an accumulated increase of about 18%, currently valued at around $170 billion.
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The upward momentum of these &#34;AI Three Knights&#34; inevitably brings to mind the Internet bubble of 2000, when the market influence of Microsoft, Intel, Cisco, and Dell was so great that they were referred to as the &#34;Four Horsemen&#34;.
Broadcom has a complete line of semiconductor products, and its leading position in network and communication technology plays a crucial role in supporting AI infrastructure (such as data centers and cloud computing). Efficient network and communication solutions are essential for the transmission and processing of AI data.
As one of the world's leading memory manufacturers, Micron Technology's high-bandwidth memory (HBM) technology is particularly important in AI applications. HBM can provide higher data transfer speeds and lower latency, which is crucial for processing large amounts of data in AI models. With the increasing applications of AI and big data, the demand for high-performance storage solutions is rapidly growing, and Micron's technological advantage in this area makes it a key supplier.
Klein points out that Micron Technology's financial results next week are more likely to be a positive catalyst, as the management of Micron will emphasize their advanced HBM products provided to NVIDIA and other AI chip manufacturers, which are in short supply and prices are rising. After all, major tech giants involved in AI competition have some FOMO for AI storage products, fearing missing out.
Wedbush analyst Matt Bryson is also optimistic about Micron Technology's future potential and expects good financial performance for a considerable period of time, with the stock continuing to rise until there are changes in industry investment plans

AVGO

Mizuho Securities believes that NVIDIA is the undisputed leader in the AI hardware field, but recently Broadcom and Micron Technology have performed exceptionally well, enough to rival NVIDIA and together form the "AI Three Knights". Broadcom's stock price has risen by over 28% in the past 7 trading days, with a market value exceeding $800 billion. Meanwhile, Micron Technology's stock price has risen by 18% in the past eight trading days, with a market value reaching $170 billion

1. Core Descriptive Facts:
   - NVIDIA's stock price has surged recently, surpassing Apple to become the most valuable company in the field.
   - Broadcom and Micron Technology are emerging competitors in the AI hardware sector, collectively forming the "AI Three Knights."
   - Broadcom's stock price has risen significantly, with a market cap exceeding $800 billion, while Micron's stock price has also shown strong growth, with a market cap of around $170 billion.
   - Micron's upcoming financial results are expected to be positive due to the high demand for its advanced HBM products in the AI chip manufacturing industry.
2. Views and Supporting Logic:
   - Analyst Jordan Klein believes that while NVIDIA leads the pack, Broadcom and Micron are catching up rapidly, forming a formidable trio in the AI hardware sector.
   - Broadcom's comprehensive semiconductor product line and leadership in networking and communication technologies are crucial for supporting AI infrastructure like data centers and cloud computing.
   - Micron's HBM technology, offering high bandwidth and low latency, is essential for AI applications dealing with large datasets, making Micron a key supplier in the high-performance storage solutions market.
   - The increasing demand for high-performance storage solutions due to the rise of AI and big data applications positions Micron favorably for future growth.
   - Analyst Matt Bryson from Wedbush shares a positive outlook on Micron's future potential, expecting continued stock price growth until there are changes in industry investment trends.
Overall, the article highlights the rapid rise of Broadcom and Micron as significant players in the AI hardware market, alongside NVIDIA, and emphasizes Micron's technological advantages in high-bandwidth memory solutions for AI applications.

Nvidia + these two companies = "AI Three Musketeers"