Advanced Micro Devices (AMD) shares jumped Thursday after analysts suggested the company’s latest AI chips could compete with Nvidia's offerings. Watch these crucial chart levels.

Nvidia is the dominant player in AI infrastructure, but its size could limit some of its upside. AMD and Broadcom, meanwhile, have huge opportunities. Given their smaller sizes, the stocks have the potential to outperform Nvidia in the coming years.

Meta’s embrace of AMD’s MI300X makes AMD the prime second source to Nvidia as AI compute demand accelerates. Read why I rate AMD stock a buy now.

The stock jumped nearly 4% in early trading after HSBC analyst Frank Lee flagged the strong pricing power of AMD's new MI350 series, which now commands a significant premium over Nvidia's rival Blackwell B200 chips.

Technology stock valuations are hovering near all-time highs, but some value plays are hiding in the background.

With the launch of the Tomahawk Ultra, Broadcom wants to take advantage of the increasing shift away from Nvidia’s InfiniBand-based scale-up interconnect system, NVLink. The chipmaking giant touted that, when deployed on its Scale-Up Ethernet (SUE), the Tomahawk Ultra can scale to 1024, compared to NVLink’s 72.