Prediction: 1 Top Artificial Intelligence (AI) Semiconductor Stock That Could Be Worth $1 Trillion
Broadcom(AVGO) The Motley Fool·2024-08-11 22:30
A couple of solid AI-related growth opportunities could help this chipmaker join the trillion-dollar market cap club in the future.Artificial intelligence (AI) has turned out to be a solid growth driver for many semiconductor companies, and Broadcom (AVGO 1.73%) is one of them, as the chipmaker is gaining from the growing adoption of this technology across multiple applications ranging from data centers to enterprise networking to smartphones.Though Broadcom stock has been in pullback mode of late, dropping ...