Most people discussing Broadcom (NASDAQ:AVGO) stock focus on artificial intelligence, and rightly so. The premier mobile chipset maker in recent periods turned its attention to data center infrastructure, such as Ethernet switching and routing silicon.Broadcom stock is seeing tremendous growth from AI chip sales. Custom AI accelerators and merchant networking chips led AI chip sales to jump 35% in the second quarter. Broadcom guides AI chips to bring in $11 billion in revenue this year, or 25% of total sale ...

The fifth generation of communication technology, aka 5G, will play a critical role in shaping a fully connected world, putting several 5G stocks in the spotlight.5G is set to take digital connectivity to new heights with greater bandwidths, speedy downloads and larger data capacity. The network will drive new technologies from IoT (Internet of Things) to AR/VR and the metaverse. Its impact will be felt across industries, from semiconductors to real estate. Given the broad use cases, it is no surprise that ...

Veteran investment commentator Mark Hulbert wrote an appropriately-timed commentary for MarketWatch on July 22 that discussed how Broadcom (NASDAQ:AVGO) stock and 24 others were most likely to crash.Hulbert highlighted the contrarian market indicator “U.S. Crash Confidence Index,” created in 1984 by Robert Shiller, the Yale professor best known for the CAPE ratio (cyclically adjusted price-to-earnings ratio), which is like the P/E ratio, except that the CAPE adjusts earnings to account for inflation.Accordi ...

Leading semiconductor company Broadcom Inc. NASDAQ: AVGO underwent a 10-for-1 stock split on July 12, 2024. Predictably, its shares surged upon announcing the split and ran into the actual split. Shares have since pulled back 17% off its highs and could present a buying opportunity for investors waiting for pullbacks on chip companies.Broadcom has been a benefactor of the artificial intelligence (AI) boom in the computer and technology sector. With a strong roster of the world’s largest hyperscalers as cust ...

Shares in chipmakers and the semiconductor sector have recently experienced a significant pullback. The VanEck Semiconductor ETF NYSE: SMH, a leader with over 37% gains year-to-date, has entered correction territory, falling over 15% from its 52-week high. This decline has affected several top holdings, including AMD, down nearly 40%; AVGO, down over 18%; and the sector's giant, NVDA, down almost 20% from its 52-week high. As the sector corrects amidst a broader market rotation and reallocation of funds, th ...

Broadcom (NASDAQ:AVGO) has been riding high on the artificial intelligence wave that electrified the tech sector. The company’s strong position in networking infrastructure and custom AI chips for hyperscalers like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN) has investors salivating over its growth prospects. Couple that with the $61 billion VMware acquisition to bolster its software and cloud offerings, and it’s no wonder Broadcom stock skyrocketed 62% over the past year.To make the stock ...

If analysts are right, these two stocks could soar by more than 30%.Nvidia's (NVDA 0.69%) share price has declined significantly in 2024. Yes, you read that correctly. At the beginning of the year, Nvidia's share price was around $492. Today, the share price is less than one-fourth of that amount. Of course, there's a good reason for this "decline": Nvidia conducted a 10-for-1 stock split following the market close on June 7. In reality, the stock has soared more than 120% year to date. Is Nvidia the best s ...

Wall Street rarely sees two trends like artificial intelligence (AI) and stock-split euphoria competing for attention. AI drove record highs for major indices in 2024, while stock splits, though cosmetic, also fueled market excitement for certain names.Stock splits come in forward or reverse types, with forward splits being more popular among investors. Forward splits lower share prices to attract investors, while reverse splits raise prices to meet exchange standards. In 2024, high-profile companies, such ...

Semiconductors power many devices that you use every day. You can find this technology in your computer, car, refrigerator, and other everyday items. Chipmakers have reported rising revenue and earnings for years, but artificial intelligence has taken these companies to new heights.Artificial intelligence is a booming industry that’s projected to maintain a 36.6% compound annual growth rate from now until 2030. Corporations rely on AI chips to keep AI applications functional, and those apps require more com ...

Both make products that are vital to AI proliferation.Stock splits often ignite a new interest in some stocks, as a lower stock price makes the investment feel like investors are getting a better deal. While stock splits are mostly a cosmetic effect, their psychological effect on investments is a far bigger deal.However, two companies that recently have undergone stock splits, Nvidia (NVDA -1.72%) and Broadcom (AVGO -1.37%), are two that didn't need more interest sparked in the stock. Regardless, both are s ...