There is a host of shares that may nonetheless profit from the unreal intelligence craze apart from Nvidia , based on analysts. Nvidia’s annual GTC Convention , dubbed “AI Woodstock” by Financial institution of America, on Monday will function a keynote speech from CEO Jensen Huang and permit for the high-flying chipmaker to highlight its newest merchandise and announce what’s forward. Shares of Nvidia have skyrocketed practically 80% to this point this 12 months, however the firm has had a risky week as some merchants took in income forward of the convention. As buyers search for AI performs past Nvidia, CNBC Professional used FactSet information to display screen for shares within the expertise and semiconductor area that ought to see vital earnings development sooner or later. This is the factors we used for the choice under: S & P 1500 tech sector Market capitalization of $1 billion or extra Anticipated 2024 earnings per share development of greater than 35% Anticipated 2025 EPS development of 10% or extra Superior Micro Units , additionally a world semiconductor identify like Nvidia, stays an AI darling amongst buyers. The inventory, which has jumped roughly 30% 12 months so far, added 2.1% on Friday. Analysts anticipate year-over-year earnings per share for 2024 will develop by 39.5% and advance by 48.7% in 2025. Citi lately named AMD amongst its “most favored names” in semiconductors, which it thinks ought to proceed buying and selling at a premium regardless of worries about excessive valuations for the shares. Citi analyst Christopher Danely wrote in a notice that “shoppers are excited in regards to the AI alternative for Nvidia and AMD, gear names on constructive capex revisions and varied CHIPS act subsidies, and NXP on their resilient auto publicity.” Seagate Expertise , an information storage firm, additionally made the minimize. Shares are up 43% over the previous 12 months, however have added lower than 1% in 2024. Analysts forecast EPS development of 262% for 2024 in comparison with the earlier 12 months. Evercore ISI initiated protection of Seagate on Feb. 27 with an outperform ranking and $110 value goal, saying the inventory is nicely positioned to learn from the cyclical restoration with hyperscalers and that the corporate may see margin growth as Warmth Assisted Magnetic Recording, or HAMR, expertise scales up. Fabless chipmaker SiTime additionally got here up on the display screen. It has been a rocky 2024 for the inventory, which is off 31% 12 months so far. Nevertheless, analysts have excessive expectations for EPS development, forecasting a year-over-year bounce of 224.4% in 2024. Final month, SiTime reported a beat on fourth-quarter income and earnings expectations, per FactSet. Administration mentioned on the corporate’s earnings name that sequential development is anticipated all through 2024, with the second half of the 12 months being stronger than the primary. SiTime’s information middle enterprise drove vital development in its communications and enterprise phase, the corporate added. Different shares that may anticipate to see enormous earnings development shifting ahead embrace Tremendous Micro Pc , audio and imaging applied sciences developer Dolby Laboratories and Extremely Clear Holdings .