Nvidia Dominates AI Chips

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Here's how to profit off the AI arms race with SoundHound and Astera Labs

Summary

Nutrition label

69% Informative

Nvidia continues to be the runaway leader in chips used for artificial intelligence (AI) Nvidia's top-line growth is already slowing from triple-digit rates, coming in at 94% year over year in the most recent quarter .

If you're looking for smaller AI companies that can potentially deliver monster returns, here are two to consider buying.

Astera Labs earns a high gross margin of nearly 78% , which means customers are willing to pay a premium for its products.

Astera 's adjusted net income was $40 million in Q3 on $113 million of revenue -- a stellar profit margin of 35% AI is a major long-term growth catalyst for chip suppliers.

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formal

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English

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