This Is My Top Artificial Intelligence (AI) Chip Stock to Buy in May (Hint: It's Not Nvidia or AMD)

It's been a hectic year for investors. Less than a month ago, the S&P 500 was down as much as 15% on the year while the tech-heavy Nasdaq Composite fared even worse -- dropping by as much as 21%.Over the last several weeks, however, the capital markets have shown some signs of resiliency and gradually started to rebound. As of this writing, the S&P 500 is now near breakeven on the year while the Nasdaq is down by just 3%. One of the contributing factors to these recent jolts has been quarterly earnings. Throughout April, companies have reported financial results for the first quarter of 2025. And for the most part, investors appear to be pleased with where things stand.In particular, artificial intelligence (AI) companies not only reported strong financials in Q1, but their outlooks remained quite robust. Cloud hyperscalers Amazon, Microsoft, and Alphabet maintained their capital expenditure (capex) guidance for the year, while Meta Platforms actually raised its AI infrastructure outlook. Indeed, these are positive tailwinds for GPU players such as Nvidia and Advanced Micro Devices.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool