Looking for AI Stocks? Use This Thematic Investing Tool

Core Insights - The article highlights the significance of investment themes, particularly focusing on Artificial Intelligence (AI) and the performance of Broadcom (AVGO) as a top-ranked stock in this sector [1][11]. Industry Overview - Artificial Intelligence (AI) is defined as technology that allows machines to simulate human intelligence and perform cognitive functions typically associated with human minds [3]. - AI systems operate by processing large datasets through intelligent algorithms and neural networks to identify patterns and make predictions [4]. Company Performance - Broadcom is enhancing its technology portfolio to maintain leadership in next-generation AI infrastructure, focusing on high-performance, low-power custom AI accelerators [5]. - The company reported AI revenue of $4.1 billion, reflecting a 77% increase year-over-year, driven by strong demand for its AI solutions [7]. - Broadcom forecasts AI semiconductor revenue of $4.4 billion for the upcoming quarter, with expectations of 42% year-over-year EPS growth and 20% higher sales [7][8].