Better Artificial Intelligence (AI) Stock: Broadcom vs. Marvell Technology

Both companies are targeting the same niche within the AI chip market.The PHLX Semiconductor Sector index has logged healthy gains of nearly 23% so far in 2024, and that's not surprising as the robust demand for artificial intelligence (AI) chips has been a driving force for this industry. However, not all companies have benefited from the surge in semiconductor stocks this year.For example, shares of Broadcom (AVGO 0.38%) and Marvell Technology (MRVL -0.16%) are up only 19% and 10%, respectively, so far th ...