Should You Forget Nvidia and Buy These 2 Tech Stocks Instead?

Nvidia (NASDAQ: NVDA) is still the stock of the moment. It's the most valuable company in the world, and it's still reporting growth like an upstart.

However, the market's enthusiasm about its future has tempered. There are many new companies bringing out competing semiconductors that don't exactly mimic Nvidia's graphics processing units (GPUs), which are the gold standard for artificial intelligence (AI) development, but present other advantages in functionality and price.

I don't recommend passing on Nvidia stock, but you might not want to concentrate a huge position in it; instead, consider diversifying into other AI stocks that also offer growth. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Broadcom (NASDAQ: AVGO) are excellent choices.

Image source: The Motley Fool.

1. Alphabet

Although Alphabet is best known as the parent company of search engine Google, it has a broad business covering many different segments and a focus on artificial intelligence. Its Gemini large language model (LLM) is one of the most popular options for businesses and individuals, powering Google and offering tremendous value for advertisers who are looking for powerful, AI-focused campaigns that reach their target customers.

As part of its broader efforts, Alphabet designs Tensor Processing Units (TPU) that are cheaper than Nvidia's GPUs. They're "custom-designed AI accelerators" created for specific tasks in training and inference, which makes them cheaper to run. Alphabet offers both options through its cloud platform, and it's partnering with Anthropic, which said that it would access as many as 1 million Alphabet TPUs.

Between all its businesses, like YouTube and Android, and its advances in AI, Alphabet has been demonstrating momentum and growth. Revenue increased 18% year over year in the fourth quarter of 2025, with a 48% increase in cloud services revenue.

As the leader in search, and with its progress as a major player in AI, Alphabet has a long growth runway.

2. Broadcom

Broadcom has expanded from its roots as a networking giant to become an important part of the AI story. Like Alphabet, it has developed its own application-specific integrated circuits (ASICs), which are specialized chips that handle specific tasks.

Despite its dominance in industries like optical sensing and fiber optics, it's still growing like a young company. Revenue increased 28% year over year in the fourth quarter, driven by AI semiconductor revenue of 74%. It's also extremely profitable, and it generated $26.9 billion in free cash flow in 2025.

Because it already has robust non-AI businesses, like broadband, Broadcom is more dependable than many of the AI start-ups. Its move into AI also signals that it can develop technology to meet current advances in technology, which bodes well for a long and rewarding future.

Jennifer Saibil has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.