July 11, 2025

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AMD, Nvidia, Intel See Mixed AI Stock Moves, TSMC Jumps 39%

Recent developments in the AI market show a mix of investor sentiment and growth. David Tepper's Appaloosa fund has been reducing its AI stock holdings, including Advanced Micro Devices, Intel, and Nvidia, but made an exception by increasing its position in Broadcom. Goldman Sachs, however, recommends Nvidia and Broadcom as top AI stocks, setting price targets of $185 and $315, respectively. They believe the AI investment cycle is evolving, with over $350 billion being spent on AI infrastructure. TD Cowen is also optimistic about Marvell Technology, estimating a $94 billion AI market opportunity. Taiwan Semiconductor Manufacturing Company (TSMC) reported a 39% revenue jump due to high demand for AI technology, benefiting suppliers like Nvidia and Apple. Salesforce is viewed as an undervalued AI stock with significant growth potential, driven by its Einstein platform. Meanwhile, PrompTale AI (TALE) is set to list on KuCoin, and CoreWeave is seen as a stronger AI investment compared to C3.ai due to its faster growth. These diverse perspectives highlight the dynamic nature of the AI sector.

Key Takeaways

  • David Tepper's Appaloosa fund sold off AI stocks like AMD, Intel, and Nvidia, but increased its investment in Broadcom.
  • Goldman Sachs recommends Nvidia and Broadcom as top AI stocks, with price targets of $185 and $315, respectively.
  • Goldman Sachs estimates over $350 billion is being spent on AI infrastructure.
  • TD Cowen estimates a $94 billion AI market opportunity for Marvell Technology.
  • TSMC's revenue jumped 39% due to high demand for AI technology, benefiting suppliers like Nvidia and Apple.
  • TSMC expects revenue from AI accelerator orders to more than double by the end of the year.
  • Salesforce is considered an undervalued AI stock with its Einstein platform.
  • Morningstar has a fair value estimate of $325 for Salesforce stock.
  • CoreWeave is considered a better AI investment than C3.ai due to faster growth.
  • PrompTale AI (TALE) will list on KuCoin on July 11, 2025, with the trading pair TALE/USDT.

David Tepper's Appaloosa Sells AI Stocks Except Broadcom

David Tepper's Appaloosa fund has been selling off many of its artificial intelligence stocks. However, Tepper made an exception by purchasing shares of Broadcom. He reduced or sold stakes in companies like Advanced Micro Devices, Intel, Oracle, and Nvidia between April 2024 and March 2025. Tepper's move might be due to profit-taking or concerns about an AI bubble. Broadcom's networking solutions, important for AI data centers, may be why Tepper invested in them.

David Tepper's Appaloosa Dumps AI Stocks But Buys Broadcom

David Tepper's Appaloosa fund reduced its investments in AI stocks over the past year, with one exception. Tepper sold shares in companies like Advanced Micro Devices, Intel, and Nvidia. He did this between April 1, 2024, and March 31, 2025. However, Tepper bought shares in Broadcom, a networking specialist. Broadcom's technology helps connect GPUs in AI data centers, which is crucial for fast AI processing.

Appaloosa's David Tepper Sells AI Stocks, Keeps One

David Tepper of Appaloosa has decreased his fund's investments in AI stocks over the past 12 months. However, he made one exception. He reduced or sold stakes in 10 high-profile AI stocks.

Goldman Sachs Recommends Nvidia, Broadcom, and Other AI Stocks

Goldman Sachs suggests buying Nvidia, Broadcom, Cadence Design Systems, and Synopsys stocks. Analyst James Schneider believes the market isn't fully recognizing their potential in AI. He thinks the AI investment cycle is changing, with over $350 billion spent on AI infrastructure. Schneider predicts the AI market will grow significantly in the next five years. He has set price targets of $185 for Nvidia and $315 for Broadcom.

Goldman Sachs Names Nvidia and Broadcom Top AI Stocks

Goldman Sachs recommends Nvidia and Broadcom as top AI stocks to buy. Analysts initiated coverage with Buy ratings and set price targets of $185 for Nvidia and $315 for Broadcom. Nvidia is seen as a leader in AI infrastructure, with a growing customer base and innovation. Broadcom is favored for its custom silicon and strong software business, with AI expected to contribute over 40% of its revenue by 2026.

Marvell Eyes $94 Billion AI Market, Says TD Cowen

Marvell Technology is targeting the $94 billion AI market, according to TD Cowen. TD Cowen has reaffirmed its Buy rating and $70 price target for Marvell's stock. Marvell showcased its AI silicon portfolio at a recent event. TD Cowen noted some concerns about competition in the custom XPU market. They believe AI adoption will help Marvell and other industry firms.

TSMC Revenue Jumps 39% Due to AI Spending

TSMC's revenue increased by 39% due to a boom in AI spending. The company's revenue rose significantly. This is due to increased demand for AI technology. The information was released on July 10th, 2025.

Salesforce: An Undervalued Stock Winning the AI Race

Salesforce is considered an undervalued stock in the AI sector. The company was an early adopter of AI, launching its Einstein platform nearly a decade ago. Salesforce is a leader in software for customer relationship management. Morningstar has a fair value estimate of $325 for Salesforce stock. They believe Salesforce will continue to grow and improve its profitability.

C3.ai vs CoreWeave Which AI Stock Is Better

C3.ai and CoreWeave are two companies aiming to profit from the growing AI market. C3.ai develops AI algorithms, while CoreWeave provides cloud-based GPUs for AI processing. CoreWeave's stock has performed better than C3.ai's. Analysts expect CoreWeave's revenue to grow faster than C3.ai's in the coming years. CoreWeave is considered the better buy due to its faster growth and clearer path to profitability.

Taiwan Semiconductor Sales Soar 39% on AI Demand

Taiwan Semiconductor Manufacturing's (TSMC) revenue increased by nearly 39% year-over-year. This growth is attributed to strong demand for AI technology. TSMC supplies chips to major companies like Nvidia and Apple.

PrompTale AI (TALE) to List on KuCoin Exchange

PrompTale AI (TALE) will be available on KuCoin for trading on July 11, 2025. The trading pair will be TALE/USDT. KuCoin is a well-known platform. The listing may cause price excitement. Deposits are now open via BSC-BEP20.

TSMC Shares Rise After Sales Jump 39% on AI Boom

Taiwan Semiconductor Manufacturing Company (TSMC) saw its shares climb after reporting a 39% increase in quarterly sales. The revenue for the June quarter reached NT$934 billion. TSMC supplies major companies like Nvidia and Apple. The company expects revenue from AI accelerator orders to more than double by the end of the year.

Sources

AI Stocks David Tepper Appaloosa Broadcom Nvidia Advanced Micro Devices (AMD) Intel Oracle Goldman Sachs Cadence Design Systems Synopsys Marvell Technology TD Cowen TSMC Taiwan Semiconductor Manufacturing Salesforce C3.ai CoreWeave PrompTale AI (TALE) KuCoin AI Market AI Infrastructure AI Data Centers AI Adoption AI Algorithms AI Accelerator Custom Silicon Customer Relationship Management (CRM) Revenue Growth Stock Recommendations Price Targets AI Investment AI Spending