Nvidia's stock is no longer this analyst's top pick in chips. Why Broadcom is his new favored play.

Core Insights - Nvidia Corp. is recognized as the leading company in the artificial intelligence chip market, but there is a shift among its customers towards customized chips to reduce dependency on Nvidia [1] Group 1: Market Position - Nvidia is currently the dominant player in the AI chip industry, often referred to as the "king" of this sector [1] Group 2: Customer Trends - Customers are increasingly favoring customized chips, indicating a potential shift in demand away from Nvidia's standard offerings [1] - This trend suggests that companies are looking to decrease their reliance on Nvidia for their chip needs [1]