Microsoft, Google, Meta Pave Path to AI Expansion, Nvidia and Broadcom Set to Reap Benefits

September 27, 2024

The quarterly performance of Nvidia Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), and Micron Technology, Inc (NASDAQ:MU) adequately reflects that the artificial intelligence wave is in no mood to slow down in the near term. Hyperscalers, including Microsoft Corp (NASDAQ:MSFT), Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Amazon.Com Inc (NASDAQ:AMZN) and Meta Platforms Inc (NASDAQ:META) remain aggressively invested in their artificial intelligence ambitions. The U.S. and China’s key