Memory chip makers are pursuing long-term structural agreements to ensure a return on investment for new fabs, given the billions of dollars lost in previous down cycles.

There is currently not enough capacity in TSMC's fabrication plants to meet the existing demand for semiconductors.

Marvell is identified as a significant competitor in the AI chip market, partly due to its work with Trainium.

The forward P/E multiple for the SOX index is currently at a 5x to 6x premium to the S&P 500, which is below the typical peak premium of 7x to 8x.

Some investors are betting that Micron Technology's forward earnings multiple could expand from its current level of around 10x to 15x or more.

The argument for Micron Technology reaching a $1 trillion valuation is based on a potential structural change in the memory market, which could make earnings more sustainable over the next 3 to 5 year...

AMD is expected to gain some market share in the AI chip sector.

Broadcom is considered one of the best-positioned competitors to NVIDIA due to its strong relationship with Google in designing their TPU.

Analog semiconductor companies such as Analog Devices and Texas Instruments are beginning to experience tailwinds from the AI sector.