Both Broadcom and AMD are seeing strong sales thanks to their respective strategies to capture customers amid the AI boom. Broadcom acquired VMware to capitalize on the nascent private AI market. AMD's focus on accelerated computing has led to double-digit year-over-year sales growth for its semiconductor products.

The rapidly growing adoption of artificial intelligence (AI) has given shares of many companies a big boost in the past couple of years, and that's not surprising as this technology is expected to impact the global economy in a big way.

US tech giant Nvidia is spreading its investments into smaller-cap AI companies, which will help promote the adoption of its products. This comes as demand for its graphics processing units (GPUs) is on an increase and projected to remain firm supported by continued adoption of the AI technology across sectors.

Looking for undervalued opportunities in the AI boom? Check out this trio of big AI winners that haven't popped up on Wall Street's radar screens yet.

The artificial intelligence (AI) boom has been a huge benefit to the business, and with the stock up more than 10x in just a few short years, it would be understandable for investors who didn't get in earlier to think they missed the boat.