you need their chips for infrastructure,” said Lerner. “But I think what the market’s also saying is that there are other beneficiaries beyond that.” The fact that the Nasdaq Composite closed at another record despite Nvidia falling is a sign of that rotation into other semiconductor and AI-related stocks. Most conspicuously, Broadcom shares have hammered the accelerator, surging forward on Friday and Monday on the back of a glowing fourth-quarter earnings report and increased price targets by banks. “Momentum has been driving this stock. I don’t think momentum is going to kill it quite yet, but momentum does what momentum does, which is it seeks the higher flyer,” said Kim Forrest, chief investment officer at Bokeh Capital Partners. The key difference between playing the stock market and Mario Kart is that the latter is a zero-sum game — you lose if your friend wins — but that’s not always the case with the former. You can own both Nvidia and Broadcom, and benefit regardless of the race’s leader. — CNBC’s Ari Levy, Samantha Subin, Brian Evans and Jess Pound contributed to this report.