The AI chip boom · your take

The world will need more AI computing power.

By John Mark Grant

What’s inside

• NVDA NVIDIA: AI accelerators and computing platforms
• AMD AMD: Compute accelerators and processors
• AVGO Broadcom: Custom chips and data-center networking
• TSM TSMC: Advanced chip manufacturing
• ASML ASML: Lithography equipment for chip production
• MU Micron: Memory used alongside AI processors
• AMAT Applied Materials: Chip manufacturing equipment
• KLAC KLA: Chip process control and inspection

Why it could work

The world will need more AI computing power. The basket combines direct participants and broader suppliers.

What could break it

Adoption could disappoint, competition could weaken margins, or high valuations could already price in the trend. Some holdings are broad, indirect proxies.

For learning only. Not investment advice.