In the fast-paced world of chipmakers and designers, certain companies have seen remarkable surges in their stocks due to the increasing demand for their products in the AI revolution. NVIDIA Corporation (NVDA), Taiwan Semiconductor Manufacturing (TSM), and Broadcom (AVGO) have experienced significant run-ups in their stocks over the past few months.

Since the beginning of the year, NVIDIA's shares have skyrocketed by an impressive 161%, while TSM's shares have rallied 80% and Broadcom's have surged by 52%. Advanced Micro Devices (AMD) and Marvell (MRVL) have also achieved notable gains, with both stocks up over 20% year-to-date.

Considering this exciting market trend, Seeking Alpha (SA) asked its analysts Jonathan Weber, Michael Del Monte, Uttam Dey, and Jere Wang of JR Research to share their insights on the best chip stocks to invest in at present.

Jonathan Weber, one of the analysts, believes that NVIDIA is the top choice for pure AI exposure. For broader-based exposure, he recommends Taiwan Semiconductor Manufacturing Company (TSM), which benefits from growth across various chip players, including NVIDIA and AMD. Weber does, however, caution investors about potential geopolitical risks associated with investing in TSM.

Michael Del Monte identifies NVIDIA as the clear winner in the GPU race, closely followed by AMD. He advises investors to steer clear of Intel and instead sees significant upside potential in Micron Technology. Furthermore, Del Monte highlights the crucial role played by Broadcom in virtual networks and infrastructure, while noting that QUALCOMM is expected to lag due to flat smartphone sales.

Uttam Dey emphasizes the importance of investing in chip companies that continue to benefit from expanding Capex spending and growing end-user markets. He points to AMD, QUALCOMM, and Impinj as companies experiencing market growth or re-acceleration. Additionally, Dey highlights the ongoing advantage enjoyed by TSM, NVIDIA, and Broadcom in relation to the increasing data center Capex spend, projected to grow at a compound annual growth rate of 38% to reach $1 trillion by 2027.

Jere Wang asserts that the sustained hype surrounding AI makes it a viable investment choice. He recommends having core exposure to NVIDIA as the "King of AI." Furthermore, he believes that AMD will expand its market share, and networking players such as Broadcom and Marvell are also essential players to consider. Not to be overlooked, Wang emphasizes the significance of foundry leader TSMC.

With the AI revolution fueling demand in the chip industry, investors have witnessed remarkable growth in chip stocks. NVIDIA, TSM, Broadcom, AMD, and Marvell have all experienced substantial stock price increases, buoyed by the increasing adoption of AI technology. As the market evolves, it is essential for investors to carefully analyze the recommendations of analysts, considering the potential geopolitical risks and opportunities to best capitalize on this thriving sector.