Artificial Intelligence (AI) Spending Is Exploding. This Stock Stands to Benefit Most

Key Points Broadcom is a leader in ASIC technology. As customers look to develop custom AI chips, the company has an enormous growth opportunity in front of it. 10 stocks we like better than Broadcom › Spending on artificial intelligence (AI) infrastructure is booming, but there is also a shift in the market. While Nvidia's graphics processing units (GPUs) continue to dominate the market, more and more large companies are turning toward developing AI ASICs (application-specific integrated circuits) ...