Nvidia + these two companies = "AI Three Musketeers"

Strong competitors have emerged in the AI hardware field.

NVIDIA, the leader in AI, has recently seen a continuous surge in its stock price, surpassing Apple to become the top in market value, with outstanding performance. Meanwhile, Broadcom and Micron Technology, which may seem insignificant, are also quietly catching up.

Ruihui Securities analyst Jordan Klein believes that NVIDIA is undoubtedly the leader, but recently Broadcom and Micron Technology have shown outstanding performance, enough to rival NVIDIA and together form the "AI Three Knights".

The most obvious indicator is their stock price performance.

As of Tuesday, Broadcom's stock price has risen for seven consecutive trading days, with a cumulative increase of over 28%, pushing the company's market value to surpass the $800 billion mark in a very short period of time.

On the other hand, Micron Technology, with a smaller market value, has seen its stock price rise for seven out of the past eight trading days, with an accumulated increase of about 18%, currently valued at around $170 billion.

The upward momentum of these "AI Three Knights" inevitably brings to mind the Internet bubble of 2000, when the market influence of Microsoft, Intel, Cisco, and Dell was so great that they were referred to as the "Four Horsemen".

Broadcom has a complete line of semiconductor products, and its leading position in network and communication technology plays a crucial role in supporting AI infrastructure (such as data centers and cloud computing). Efficient network and communication solutions are essential for the transmission and processing of AI data.

As one of the world's leading memory manufacturers, Micron Technology's high-bandwidth memory (HBM) technology is particularly important in AI applications. HBM can provide higher data transfer speeds and lower latency, which is crucial for processing large amounts of data in AI models. With the increasing applications of AI and big data, the demand for high-performance storage solutions is rapidly growing, and Micron's technological advantage in this area makes it a key supplier.

Klein points out that Micron Technology's financial results next week are more likely to be a positive catalyst, as the management of Micron will emphasize their advanced HBM products provided to NVIDIA and other AI chip manufacturers, which are in short supply and prices are rising. After all, major tech giants involved in AI competition have some FOMO for AI storage products, fearing missing out.

Wedbush analyst Matt Bryson is also optimistic about Micron Technology's future potential and expects good financial performance for a considerable period of time, with the stock continuing to rise until there are changes in industry investment plans