As the most prominent presence in the global capital market in recent years,$NVIDIA (NVDA.US)$continuously reshaping investors' definition of bull stocks, and even single-handedly supporting the entire AI ecosystem, creating amazing stories of getting rich overnight in various sub-fields.

This year, the Nvidia AI ecosystem has continued to soar. According to Futu News statistics as of the close of trading on Tuesday,$Super Micro Computer (SMCI.US)$it has risen by over 223% this year, the most eye-catching performance,$Arm Holdings (ARM.US)$, $Vistra Energy (VST.US)$with approximately 130% increase following closely behind; in addition,$Vertiv Holdings (VRT.US)$, $Dell Technologies (DELL.US)$it has also almost doubled,$Pure Storage (PSTG.US)$, $Constellation Energy (CEG.US)$with a rise of around 90%...from chips to equipment to networks and to public utilities and other sectors, the AI ecosystem has indeed achieved universal celebration.

In addition, several other major AI technology giants, such as Taiwan Semiconductor, Broadcom, and Eli Lilly and Co,$Taiwan Semiconductor (TSM.US)$, $Broadcom (AVGO.US)$, $Qualcomm (QCOM.US)$, $Micron Technology (MU.US)$are also making a fortune. They play an important role in the fiercely competitive landscape of AI and are also worth investors' close attention.

"King of Foundries" Taiwan Semiconductor aims at a trillion-dollar market cap!

Currently, there are seven companies whose market capitalization exceeds $1 trillion globally. The market is closely watching who will become the next company to break through the $1 trillion market capitalization threshold.

At present, four companies are close to joining the "trillion-dollar club", including Taiwan Semiconductor ($932 billion), Berkshire Hathaway ($881 billion),$Eli Lilly and Co (LLY.US)$($847 billion), and Broadcom ($839 billion). Most of these companies have recorded significant increases this year, including Taiwan Semiconductor, which has risen by approximately 74% since the beginning of the year, Eli Lilly and Co, which has risen by over 53%, and Broadcom, which has risen by over 62%.

With impressive stock prices, Wall Street analysts are increasingly bullish on Taiwan Semiconductor. In the eyes of some analysts who are extremely optimistic about Taiwan Semiconductor's future market trends, it may only be a matter of time before Taiwan Semiconductor's market cap matches Nvidia's current high of $300 billion.

Broadcom Rises Rapidly, Entering the Top Ten Market Cap of US Stocks

Chip manufacturer Broadcom is undoubtedly the hottest stock in the US stock market right now, and its market capitalization has easily broken through multiple hundred billion-dollar thresholds recently. As of now, Broadcom's market capitalization is close to $840 billion, ranking steadily among the top ten market capitalizations of US stocks.

Recently, Broadcom released its second-quarter results and announced a 10-for-1 stock split plan, which will begin trading at the adjusted price after the split on July 15. The financial report shows that in the second fiscal quarter ending on May 5th of this year, the company's profit per share was $10.96, better than the expected average of $10.80 per share; the company's revenue increased to $12.5 billion, higher than the expected average of $12.1 billion.

Broadcom's main products include Ethernet switching chips, data packet processors, ASCI, etc., and its chips are used to provide power for the industry's underlying software. The company stated that in the second quarter, $3.1 billion of its sales revenue was related to AI products.

Analyst Harsh Kumar from Piper Sandler said, 'We continue to believe that Broadcom is the best AI stock other than NVIDIA, as the company has a strong position in ASIC chip field and a powerful software portfolio.'

In addition, Bank of America also bullish on Broadcom, saying that Broadcom may become the next member of the trillion-dollar club in the US stock market.

Late but arriving! Qualcomm surges almost 60% this year.

Although Qualcomm was slow to join the AI trend, it did not affect the continuous surge in stock price this year. As of the latest closing date, Qualcomm has risen nearly 60% this year, with a stable market cap of $250 billion.

Qualcomm is in a leading position in providing AI-enabled smartphones - it provides chips for Samsung's flagship S24 Ultra device and a range of high-end phones from Chinese manufacturers. Although Apple plans to rely on its own chips for AI functions, Qualcomm will still benefit from expected increases in sales of the next generation iPhone, as it provides modem chips that connect devices to wireless carriers. In addition, Qualcomm is launching AI-enabled PC processors, joining the fierce competition with veteran companies Intel and AMD.

CFRA Research is bullish on Qualcomm and has raised its rating, with a target price raised from $200 to $260. The bank said that the update cycle of the iPhone 16 in terms of smartphones is better than expected, the increase in content of future Samsung devices, and the improvement trend of Chinese suppliers, all support higher growth. In addition, AI-based PCs on Windows are becoming increasingly popular, and it sees Qualcomm's growing potential market opportunities.

Micron Technology - the 'AI Three Musketeers' alongside NVIDIA and Broadcom.

According to Jordan Klein, an analyst at Mizuho Securities, NVIDIA is undoubtedly the leader, but recently, Broadcom and Micron Technology have performed remarkably well and are enough to rival NVIDIA, forming the "AI Three Knights" together.

Micron Technology's stock price is also impressive, rising on seven out of the past eight trading days, accumulating an increase of about 18% during this period, and currently has a market cap of about $170 billion.

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 are crucial for processing large amounts of data in AI models. With the increase of AI and big data applications, the demand for high-performance storage solutions is also growing rapidly, and Micron's technological advantages in this field make it a key supplier.

Bank of America's recent research report pointed out that due to the popularity of AI, the demand for DRAM by edge AI devices is growing significantly, and this trend is expected to bring huge benefits to memory suppliers in the next few years. Arm and Micron Technology will become the two largest beneficiaries of AI PCs and AI phones.

Editor/Emily