Wall Street Rotates AI Chip Bets from NVIDIA to Intel, AMD, and Micron

CNBC·medium signal

CNBC reports a notable shift in Wall Street sentiment as investors rotate AI chip exposure away from pure NVIDIA plays toward Intel, AMD, and Micron. The thesis: as AI moves from training to inference and from chatbots to agents, CPUs and memory become as critical as GPUs. Intel's combined AI businesses now represent 60% of revenue with 40% YoY growth.