Should You Forget Nvidia and Buy These 2 Tech Stocks Instead?
Should You Forget Nvidia and Buy These 2 Tech Stocks Instead?
Jennifer Saibil, The Motley FoolThu, March 19, 2026 at 2:20 AM UTC
0
Key Points -
Nvidia's GPUs are still the gold standard for artificial intelligence (AI) compute.
Alphabet is developing a robust AI business and demonstrating incredible growth in its cloud business.
Broadcom has moved into AI infrastructure, and its semiconductors are in high demand.
10 stocks we like better than Alphabet ›
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.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
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.
Broadcom and Alphabet logos.
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.
Advertisement
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.
Should you buy stock in Alphabet right now?
Before you buy stock in Alphabet, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alphabet wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $508,877!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,115,328!*
Now, it’s worth noting Stock Advisor’s total average return is 936% — a market-crushing outperformance compared to 189% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of March 18, 2026.
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.
Source: “AOL Money”
