CNBC’s Partsinevelos: ‘Broadcom Just Did What Nvidia Couldn’t Explain’

Quick Read Broadcom (AVGO) rose 3.44% to $332.77, AI revenue hit $8.4B up 106%, Q2 AI guidance is $10.7B. Nvidia (NVDA) reported revenue of $68.13B up 73%, Data Center revenue of $62.31B, but shares fell. Broadcom’s CEO gave investors a concrete $100B AI chip revenue target by 2027 with OpenAI as a customer, providing the narrative clarity Nvidia couldn’t deliver despite strong results. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE. CNBC's Kristina Parts ...