Chip companies are the ones making serious money in the AI arms race right now.

Many investors today are focused on companies participating in the artificial intelligence (AI) trend, and among the more popular ones are those in and connected to the chip industry. These are the businesses that are making money from AI right now as AI hyperscalers and cloud infrastructure providers are rapidly building out their capacity to support AI training and inference.

Even though many chip stocks have undergone massive growth over the past few years, I think their futures are still incredibly bright. In particular, I think these three are still no-brainer buys right now.

Nvidia

Nvidia ( NVDA 0.28% ) is a fabless chip company -- it designs chips, but doesn't fabricate them internally. Instea

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