Nvidia's Meteoric Rise Drove Shares of These Three Suppliers Over 30% Year-to-date

- Chipmakers like Nvidia, TSMC, Fabrinet, and SK hynix are struggling to keep up with rising demand for AI chipsets - Nvidia's stock has seen massive growth over the years, now trading at $122.81 - TSMC is a major supplier of Nvidia's semiconductor products and has seen a 58% increase in stock price YTD - Fabrinet manufactures optical networking gear and has partnered with Nvidia for manufacturing networking cables - SK hynix is the second-largest memory chipmaker and is ramping up production of new-gen HBM3E chips - SK hynix posted an all-time high Q1 revenue and anticipates steady growth in the memory market, particularly for AI memory.