Complex data center workloads like training machine learning models and running artificial intelligence (AI) applications would take a very long time if powered only by central processing units (CPUs).
In today's video, I discuss Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO). To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Dec.
Chip stocks Nvidia and Broadcom are rising, while U.S. Steel tumbles as Nippon Steel’s plan to acquire the U.S. steel company is referred to President Biden, who has opposed the deal.
Some on Wall Street see artificial intelligence-driven demand poised to push sales of Broadcom's chips to fresh highs, powering its stock higher in 2025. But others are more cautious—in the near term,
Broadcom Inc.'s stock surged 35% despite a mediocre Q4, as management offered investors a picturesque addressable market forecast for 2027. Read why AVGO is a Hold.
Nvidia is one of the most popular AI stocks right now because of its lead in the semiconductor space. The company's graphics processing units (GPUs) have been used in data centers for years, and once tech giants began competing for generative AI dominance, the chips were even more in demand.
US stocks climbed on Monday, with chip stocks leading the tech sector higher while investors eyed a possible year-end rally. All three benchmark indexes ended the trading session in the green, with the tech-heavy Nasdaq Composite rising nearly 1%.
Nvidia stock has fallen in recent days as investors get more excited about Broadcom. Why Nvidia still holds the upper hand in AI chips.
Live Updates Make sure to refresh this page periodically for updates. US Banks Planning to Sue the Fed 8:08 am One of the biggest reports premarket is that US banks are planning to sue the Federal Reserve over annual stress tests.
One analyst noted that the type of AI chip Broadcom makes could pick up market share relative to “costly” graphics processing units.
While Broadcom gave investors a reason to dream, it’s not the stock’s ‘Nvidia moment’ despite the surge in the stock price resembling Nvidia’s 2023 breakout. Instead, Broadcom is ...
While Nvidia is dominating the AI chip space, Broadcom is making inroads by helping customers develop custom AI chips. Its application-specific integrated circuits, or ASICs, are designed specifically for a customer's precise needs and can help with improved performance and more efficient power consumption.