Three AI Stock Plays to Diversify Beyond Nvidia in 2026
The article argues Nvidia will be strong in 2026 but suggests diversification into three AI-focused chipmakers as viable alternatives: Taiwan Semiconductor (TSMC), Broadcom, and AMD. TSMC benefits from AI chip demand, with AI chip revenue CAGR projected around 60% from 2024–2029 and about 30% YoY growth anticipated in 2026, trading near 23x forward earnings. Broadcom is shifting toward hyperscaler-specific AI ASICs, with AI semiconductor revenue growth highlighted (Q4 AI revenue up 74% YoY; Q1 AI revenue guidance up ~100% YoY). AMD targets a ~60% data-center CAGR through 2030, aiming to be a cheaper Nvidia-like option. The piece cautions against an all-in Nvidia bet and presents these three as a smart way to hedge and potentially capture strong AI-led returns, though no guarantees are promised.
