4 Chip Stocks That Look Like Brilliant Buys | The Motley Fool

Chip stocks are making investors a ton of money right now. These businesses are booming because they’re direct beneficiaries of the AI buildout. For them, there’s no waiting to see what the return on investment actually is; it’s here right now. That makes these stocks great to buy and hold, and I’ve got a few of them that look like solid picks now.

The stocks I’m eyeing are Nvidia (NVDA 1.00%), Broadcom (AVGO +4.75%), Taiwan Semiconductor (TSM 1.31%), and Micron (MU +5.07%). All four of these have performed phenomenally over the past few years, but there’s still more ahead.

1. Nvidia

Nvidia was the original chip investment in the AI arms race. It made good on the original pick by delivering huge growth early and often, although some investors thought that could be going away in the middle of last year. Now, Nvidia continues to post impressive revenue results, including 85% growth during its first quarter.

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