Big Tech Is on Track to Spend Over $1 Trillion on AI Infrastructure by 2028. These 3 Semiconductor Stocks Could Be the Biggest Winners (Hint: Not Nvidia)

There's still a lot of opportunity left in AI, and these three stocks look underpriced right now. Every month it seems like one company or another announces it is increasing its budget for artificial intelligence (AI) data centers. Last month, Alphabet released plans for $85 billion in capital expenditures (capex) this year, up from its original 2025 outlook of $75 billion. Not to be outdone, Amazon, a week later, said it increased its capex budget to $118 billion, up from $100 billion. Big tech's spending ...