A Motley Fool analyst names Nvidia, Advanced Micro Devices, and Broadcom as three favorite semiconductor stocks to buy during the ongoing AI chip sell-off. Nvidia trades at a forward price-to-earnings ratio of 16 times fiscal 2028 estimates and remains dominant in AI model training through its CUDA platform while expanding into inference and networking. AMD is positioned to benefit from the growth of inference workloads and agentic AI, with its chiplet design and MEXT acquisition enhancing memory access, and it projects the data center CPU market will double to $120 billion by 2030. Broadcom is a key partner for hyperscalers developing custom AI accelerators, including Alphabet's TPUs, and expects its custom chip business to exceed $100 billion in fiscal 2027, with Citigroup projecting AI revenue could reach $180 billion in fiscal 2028. All three companies are seen as having strong growth prospects at discounted valuations.
Apple Inc.
Advanced Micro Devices Inc
Broadcom Inc
NVIDIA Corporation