AI stocks
AI stocks explained
Who actually earns money from artificial intelligence? For each company we explain what they build, where revenue comes from and which risks matter.
NVDA
Nvidia
Nvidia supplies the GPUs behind nearly every large AI model. How it makes money, who its customers are and which risks matter.
Chips
MSFT
Microsoft
Microsoft earns from software, cloud and AI assistants. How Azure works, what the OpenAI tie means and where the risks sit.
Cloud & data centres
GOOGL
Alphabet
Alphabet earns mostly from ads while building its own AI chips and models. The business model and the risks explained.
Models
AMZN
Amazon
Amazon makes most of its profit from cloud and advertising, not parcels. AWS, in-house AI chips and the risks explained.
Cloud & data centres
META
Meta
Meta funds AI with advertising money from Facebook and Instagram and publishes open models. Business model and risks explained.
Models
AVGO
Broadcom
Broadcom co-designs custom AI accelerators for hyperscalers and supplies networking silicon. Model and risks explained.
Chips
AMD
AMD
AMD builds processors and AI accelerators and is trying to win share from Nvidia. Products, customers and risks explained.
Chips
TSM
TSMC
TSMC manufactures the chips Nvidia, AMD and Apple design. The foundry model, geopolitics and risks explained.
Supply chain
PLTR
Palantir
Palantir builds data platforms for defence, government and enterprise. Contracts, growth and risks explained.
Software & data
ASML
ASML
ASML supplies the lithography machines used to make advanced chips. EUV, export rules and risks explained.
Supply chain
Indicative, delayed price. Not investment advice.