These 5 chip stocks are set to be the big winners of Amazon's latest AI push, BofA says

Core Viewpoint - Amazon's AWS re:Invent conference signals a bullish trend in AI investments, particularly benefiting semiconductor stocks [1][6] Group 1: Key Companies and Partnerships - Nvidia is identified as the primary beneficiary of increased AI spending, especially due to its multi-year partnership with AWS, which involves NVLink Fusion technology [2][3] - Astera Labs, a fabless chipmaker, experienced a dip in stock price due to concerns over NVLink Fusion potentially replacing its technology, but analysts believe this selloff may be premature [3][4] - AMD, a competitor to Nvidia, is expected to maintain its relationship with AWS, despite not being specifically mentioned at the event [4][5] - Marvel Technology is also listed as a potential beneficiary due to its extensive portfolio of data center networking tools essential for AI infrastructure [5] Group 2: Market Insights - Bank of America analysts assert that the AWS re:Invent event indicates that there is no AI bubble at present, highlighting Amazon's commitment to AI development [6]