Broadcom Inc.’s massive rally after last week’s earnings report is reminiscent of when Nvidia Corp. shares first started to take off back in 2023. The chipmaker now needs to prove it can follow through to become another giant of the artificial intelligence era.
Blue Whale Growth Fund's Stephen Yiu highlights Broadcom's AI-driven potential amid Big Tech's chip diversification
There’s a new trillion-dollar AI chip maker in town. The old one is still going to do just fine. Broadcom’s fiscal fourth-quarter report last week included a long-term forecast for its artificial-intelligence business that has lighted up its stock price and pushed the company’s market capitalization past $1 trillion.
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The S&P 500's top seven gainers are all chip stocks, which are extending a nice bounce that started on Friday. The biggest gainer is Broadcom's stock, which was charging up 5.4%. The stock had gained 1.
Despite Nvidia’s recent fall, its stock is still up more than 160% for the year. Broadcom has risen more than 120% in the same time frame.
The newest member of the trillion-dollar market-cap club is looking ahead to a “likely sharp new product ramp” in the second half of 2025, according to an analyst.
O enorme rali da Broadcom após o balanço divulgado na semana passada é uma reminiscência de quando as ações da Nvidia começaram a disparar em 2023. A fabricante de chips agora precisa provar que pode seguir em frente para se tornar outra gigante da era da inteligência artificial.