The market for artificial intelligence (AI) chips has been dominated by Nvidia, which explains why the semiconductor giant recently delivered another stellar set of results for the third quarter of fiscal 2025 (which ended on Oct. 27).
However, there’s another chip stock that isn’t as expensive as Nvidia and has strung together healthy gains over the past three months. This company is set to release its next set of results on Dec. 3, and there is a good chance that its performance will be solid enough to give the stock a nice shot in the arm.
Let’s take a closer look at this name.
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