Broadcom, under CEO Hock Tan, now finds itself at the epicentre of one of the world’s fastest-growing markets — AI chips

As the marketplace for semiconductors grows beyond Nvidia, Broadcom — a major competitor — should see its stock price grow significantly.

With competition rising throughout the AI chip market, though, Nvidia is reportedly taking steps to shift its operations away from the focus on the GPUs that made it a tech sector

The shift toward custom AI chips has intensified competition among semiconductor giants. Companies such as Broadcom and Marvell have surged in relevance and stock value as they co

Wall St rallies as Intel, Nvidia, and SLB lead gains. Banks surge 6%, while Truist climbs on strong profits. Investors eye Trump’s policy outlook.

Nvidia ( NVDA -3.00%) has been the poster child of the AI revolution so far, and rightfully so. Its processors are the heart of the vast majority of AI data centers. As time marches on, though, data center operators are looking for other ways of handling even more data, and handling it even faster.

Broadcom shares more than doubled in 2024 amid market excitement around the ‘custom silicon’ wave ahead. Read why I upgrade AVGO stock from hold to buy.

Broadcom's recent fiscal performance underscores its resilience, with AI-related revenue driving better-than-expected fourth-quarter results. The company anticipates $14.6 billion in revenue and an EBITDA margin of approximately 66% for the upcoming quarter, cementing its position alongside NVIDIA Corp NVDA in the AI infrastructure race.

SoftBank-backed Qraft Technologies has three AI-powered exchange-traded funds, including its momentum fund AMOM.

Nvidia still has the stock-boosting power, but its strength may be waning as some investors wonder how long it will last.

Stock splits were a major market theme in 2024, with some of the world's biggest names joining the list. Companies across sectors, from Walmart to Chipotle Mexican Grill, launched such operations last year.

The major indexes reclaimed their 50-day moving averages while bitcoin also rallied into Donald Trump's presidential inauguration. Many stocks flashed buy signals.