JHVEPhoto Many people may think of Nvidia (NVDA) when discussing AI. However, one AI stock the market may want to pay more attention to is Broadcom (NASDAQ:AVGO). Broadcom provides market-leading AI networking and connectivity solutions, revolutionizing the industry. Broadcom has significant growth potential in the lucrative AI enterprise market. Moreover, Broadcom could improve its profitability and efficiency metrics, enabling a relatively high P/E multiple and expanding its stock price as it advances. Br ...

Broadcom's future in AI keeps getting brighter.Broadcom (AVGO 1.96%) stock is climbing Thursday following new contract news. The company's share price was up 1.9% as of 11 a.m. ET, according to data from S&P Global Market Intelligence. The stock had been up as much as 4% earlier in the daily session, but it pulled back in subsequent trading in conjunction with moves for the broader market.According to a report published by Benzinga today, Broadcom has won new contracts to provide application specific integr ...

Broadcom Inc. AVGO is stepping into a new chapter in its AI journey, securing significant victories with two major AI ASIC programs. JPMorgan’s Harlan Sur highlights that Broadcom has "recently won OpenAI's first and second generation AI ASIC programs," positioning it as OpenAI's fourth major AI ASIC partner. Alongside this, Broadcom has also added a fifth major AI ASIC customer, both expected to ramp up in 2026, further solidifying its leadership in the AI space.Why Broadcom? The Power Of Advanced Chip Des ...

The billionaire money manager behind the most-profitable hedge fund of all-time is dumping shares of artificial intelligence (AI) kingpin Nvidia in favor of three other rapidly growing stocks.What can easily be described as the most important data release of the third quarter occurred last week -- and a lot of investors probably missed it.Every quarter, institutional investors with at least $100 million in assets under management are required to file Form 13F with the Securities and Exchange Commission. In ...

pepifoto Thesis I am bullish on Broadcom (NASDAQ:AVGO): Growth is healthy, both organically and inorganically Mix shift makes a case for margin expansion and transition to negative working capital Valuation is attractive vs peers Technicals point bullish Apple and customer concentration is a key risk monitorable Growth is healthy, both organically and inorganically Broadcom made a major acquisition last year by buying cloud computing company VMWare last year for $69 billion. In these kinds of scenari ...

Benefiting handsomely from the ongoing artificial intelligence (AI) rally, Broadcom (NASDAQ: AVGO) stock recently underwent a 10-for-1 stock split, which made a purely aesthetic correction to its price. However, this may have prompted questions about its performance by December 31.2024 has brought sizable gains to AVGO stock, as it added 50.28% to its price since January 1, with 7.66% progress in the past five days, countered by a loss of 1.57% in the latest trading session on August 19, setting the price a ...

This chipmaker wins when everyone competes for AI dominance.Nvidia (NVDA 1.40%) has seen its share price soar on the back of huge artificial intelligence (AI)-related spending from big tech companies. The company's graphics processing units (GPUs) are essential infrastructure for training large language models, the backbone of generative AI. As more and more companies invest in the frontier of AI development, Nvidia has been a big beneficiary.The chipmaker joined the $1 trillion club last summer and passed ...

A total of 13 high-profile companies have announced or completed stock splits in 2024. However, Wall Street's brightest and richest money managers have mixed feelings about this group.Despite all the attention artificial intelligence (AI) has garnered on Wall Street, it's stock-split euphoria that's been giving AI a run for its money in 2024.A stock split marks an event that allows publicly traded companies to cosmetically alter their share price and outstanding share count. It's superficial in the sense th ...

As the semiconductor industry continues to thrive, fueled by the expanding demand for 5G, artificial intelligence (AI), and the Internet of Things (IoT), Broadcom (NASDAQ: AVGO) remains a standout player.With a market capitalization of $771.41 billion, Broadcom’s strong performance in both its semiconductor and infrastructure software segments positions it as a key beneficiary of these technological trends.To shed light on this, Finbold consulted ChatGPT-4 for insights into the stock’s potential performance ...

Olivier Le Moal In this series of articles, we focus on selecting and highlighting stocks that have rapidly grown their dividends in the recent past. We also need to ensure that these stocks will likely grow their earnings at a fast pace in the upcoming years. Due to their hypergrowth, their price generally grows quickly, and they usually do not pay very high current yields. With high-growth stocks, we need to be content with a lower current yield. However, please keep in mind that nothing is permanent, ...