While the chip designers like Nvidia and Broadcom are the stars of the show, it's a mistake to overlook the supporting cast of equipment suppliers. ASML, Applied Materials, and Lam Research play integral roles in the value chain. Without them, fabs would be unable to fulfill complex orders.

Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models.

Billionaire Stanley Druckenmiller sold overvalued Palantir stock to buy Taiwan Semiconductor as Nvidia's CEO praised the chipmaker's world-class manufacturing capabilities.

TSMC is set to benefit from continued massive spending in AI.

In a seismic move shaking up the semiconductor world, Nvidia (NASDAQ:NVDA) announced yesterday it was pouring $5 billion into its longtime rival Intel (NASDAQ:INTC). Nvidia is acquiring a stake in Intel at $23.

Taiwan Semiconductor Manufacturing (NYSE:TSM) stock fell 2.9% Thursday morning as investors reacted to a newly announced partnership between Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC) that could potentially reduce TSM’s manufacturing dominance.

A new round of partnerships is reinforcing Nvidia's central role in AI, but its current valuation means investors need to remain disciplined.

Nvidia just announced a significant new investment. Nvidia CEO Jensen Huang has announced an investment in ElevenLabs, the fast-rising AI voice technology startup co-founded by Mati Staniszewski

The investment is the latest in a string of deals that have bolstered Intel, which has struggled in the AI race.