Nvidia, Broadcom, and Amazon Poised to Benefit from AI Market Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Source: Fool
- Market Expansion: According to Grand View Research, the global AI market is expected to expand at a CAGR of 30.6% from 2026 to 2033, driving performance growth for companies like Nvidia, Broadcom, and Amazon.
- Nvidia's Leadership: Nvidia controls over 90% of the data center GPU market, with its high-end GPUs accelerating complex machine learning and AI workloads, and analysts project revenue and EPS to grow at CAGRs of 46% and 45%, respectively, by fiscal 2028.
- Broadcom's Surge: Broadcom's AI-related revenue surged 65% to $20 billion in fiscal 2025, accounting for 31% of its total revenue, with analysts expecting revenue and EPS to grow at CAGRs of 37% and 48%, respectively, by fiscal 2028.
- Amazon's Cloud Services: Amazon's AWS controlled 32% of the global cloud infrastructure market in Q2 2025, and is expected to benefit from AI market growth, with analysts forecasting revenue and EPS growth of 12% and 20%, respectively, from 2024 to 2027.
Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMZN is 294.71 USD with a low forecast of 250.00 USD and a high forecast of 340.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
43 Analyst Rating
40 Buy
3 Hold
0 Sell
Strong Buy
Current: 247.380
Low
250.00
Averages
294.71
High
340.00
Current: 247.380
Low
250.00
Averages
294.71
High
340.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
