This Is My Favorite AI Chip Stock (By Far) — and It’s Not Nvidia, Intel, or Broadcom | The Motley Fool

When investors think of chip stocks, three names usually dominate the conversation. Nvidia, of course, sits at the center of the artificial intelligence (AI) build-out. And another name that has been making headlines more recently is Intel, which had an extraordinary month, with shares rising 114% in April alone. Finally, Broadcom has quietly become the custom-silicon partner of choice for hyperscalers.

But my favorite chip stock isn’t any of those. In fact, it isn’t even classified as a semiconductor company. It’s e-commerce and cloud computing giant Amazon (AMZN +1.25%) — and the company’s first-quarter results released last week may have been the clearest confirmation yet of why.

Hiding in plain sight

Amazon’s chip business — which combines its Graviton (general-purpose central processing units), Trainium (AI training and inference accelerators), and Nitro (network and storage virtualization) silicon — exited the first quarter of 2026 at an…