Goldman emphasizes two chip shares to observe beyond Nvidia

Goldman Sachs (NYSE: GS) is of the opinion that the KI rush has space for more than just Nvidia (Nasdaq: NVDA) and discovered two chip games that could maintain the swing.

Analyst James Schneider says we have already poured over 350 billion US dollars into the AI infrastructure, and we finally receive some payments.

Instead of pushing itself back into the stretched evaluation of NVIDIA, Schneider refers to Cadence design systems (Nasdaq: CDNS) and Broadcom (Nasdaq: Avgo) as stocks with real upward trend.

Cadence delivered the non -gaap epic of $ 1.57 $ 1.57, the estimates of 7 cents and sales rose 23% to $ 1.24 billion.

The BASTLOG order actors of 6.4 billion US dollars provide customers for AI -powered design tools. Thanks to his suite from KI and IP platforms, Schneider calls a high business with quality motif.

Broadcom does not hang back. In the second quarter, it achieved sales of $ 15 billion, an increase of 20%and an EPS of 1.58 USD forecast forecast by a penny.

AI assumed 4.4 billion US dollars, a jump of 46%. Schneider believes that Broadcom's scale in data? Center Switches and Custom Asics increase the AI turnover by 2026 over 40%, which justifies the premium multiple lines.

This article first appeared on Gurufocus.