Cathie Wood Is Doubling Down on Broadcom Stock. Should You?

The semiconductor industry is expected to grow roughly 30% toward its first $1 trillion in global sales in 2026, with AI semiconductor sales alone anticipated to expand by over 50% year-over-year (YOY). In that kind of setup, Broadcom (AVGO) stands out as an important name in custom AI chip design, mainly through its Application-Specific Integrated Circuit (ASIC) business that supplies hyperscalers like Alphabet's (GOOGL) Google, Meta Platforms (META), and OpenAI. On Jan. 14, Cathie Wood's Ark Invest add ...