We recently compiled a list of the 10 Best Semiconductor Stocks to Buy for the AI Boom. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other semiconductor stocks.
We recently published a list of 10 High Growth Semiconductor Stocks That Are Profitable Heading into 2025. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other high growth semiconductor stocks that are profitable.
Shares of semiconductor giant Broadcom (NASDAQ: AVGO) were up Friday, gaining 2.7% as of noon ET, but were up as much as 3.6% earlier in the day. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 1% and 1.
From cutting-edge AI chips to energy-efficient solutions, semiconductor stocks are driving innovation across industries. Amid this backdrop, it could be wise for investors to add NVIDIA Corp (NVDA), Broadcom (AVGO),
Semiconductor stocks have been red hot over the last two years thanks to soaring demand for artificial intelligence (AI).
Broadcom, under CEO Hock Tan, now finds itself at the epicentre of one of the world’s fastest-growing markets — AI chips
Broadcom made key strategic moves aimed at bolstering its presence in the AI and cloud infrastructure markets. See why I think AVGO stock remains a strong buy.
An exchange-traded fund that buys semiconductor stocks was climbing sharply on Wednesday, bringing its year-to-date gain to more than 10%, according to FactSet data, at last check. The iShares Semiconductor ETF was up 2.
More money spent to build data centers will almost certainly lead to more revenue for TSMC, as its top customers include major players in AI and tech like Nvidia, Broadcom, Arm, and AMD, so it's understandable that Taiwan Semi is riding the rising tide higher.
Both Nvidia and Broadcom have talked about customers deploying AI chip clusters of 1 million or more in the near future, which is a huge jump from what recent AI models have been trained on. Today, most chipmakers,
Nvidia's AI dominance remains strong, but Barclays warns the semiconductor race is shifting--Marvell, Broadcom, and Lumentum are rising fast.