Nvidia is surging; Here are 3 stocks to follow

Nvidia (NASDAQ: NVDA) has just reported no less than $44.06 billion in revenue for the previous quarter and is up 6% premarket. 

While NVDA shareholders are undoubtedly throwing their hats into the air, investors in other artificial intelligence (AI) companies also have much to look forward to, as a number of Nvidia’s competitors and clients are likely to see a surge in the near future. Here are three of them.

1. AMD

Advanced Micro Devices (NASDAQ: AMD) is among Nvidia’s chief semiconductor competitors. While its stock is down 6.44% year-to-date, HSBC recently raised its price target from $75 to $100, and the stock gained nearly 4% on the same day.

While Nvidia is still the dominant one in the race, there’s a reason to be hopeful about AMD’s future: AI. Namely, the company has announced some interesting moves in the AI sector, such as the launch of a new, China-specific AI chip. Considering how much buzz the Chinese AI market has generated with DeepSeek, the new chip is definitely worth keeping an eye on.

2. Super Micro Computer

Super Micro Computer (NASDAQ: SMCI), a company that makes servers for Nvidia chips, was up 4.4% premarket following Nvidia’s Q1 reports. 

AI now accounts for nearly 70% of SMCI’s revenue, so it could potentially benefit from more demand as Nvidia continues to transition to Blackwell chips. 

3. CoreWeave

CoreWeave (NASDAQ: CRWV) is a rapidly growing cloud-computing startup backed by Nvidia, which now relies on its $1.6 billion supercomputer data center in Texas. Since Nvidia has reported data center sales records of $39.1 billion for Q1 2026 (up 73% from a year ago), CoreWeave appears to be in a sweet spot. Its projected revenue of $5.1 billion in 2025 is also promising. . 

The company has also appointed Carl Holshouser as its new Vice President of Government Affairs, so its ties with government entities might provide further growth opportunities, given Holshouser’s experience on Capitol Hill. 

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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