Favor Broadcom (AVGO) Amid AI Trade Shift

about 2 months ago

Ben Leveson

"But one of the things that their earnings showed was that companies are kind of changing a little bit around how they are, the kind of chips they want for AI. NVIDIA is big in the GPUs... But there is now a switch to something called XPUs... And Broadcom signal that there's been kind of a pivot to those. And that's really been good for Broadcom. You know, Broadcom has gained 42% over the past three months and 146% over the past 12."

Investors should consider positioning in Broadcom (AVGO) as the company appears to be benefiting from a shift in AI chip demand, outperforming NVIDIA in recent performance figures.

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