CNBC Televisionยท2025-09-05 22:13Market Dynamics - Broadcom's stock surged more than 9% to a new record after announcing a $10 billion order for AI chips, thought to be from OpenAI [1] - Nvidia's stock dropped more than 4%, marking its sixth down day in seven sessions, losing over 8% since its earnings report [2] - The semiconductor space experienced rotation, with Broadcom's gains potentially impacting other AI-related stocks [2][3] Company Performance & Outlook - Broadcom's AI spend is accelerating, reaching staggeringly large numbers [6] - Nvidia hinted at a future slowdown in its growth rate [7] - Broadcom's projected growth rate is higher, supporting a higher valuation [9] Investment Considerations - The market views Broadcom as having more growth potential compared to Nvidia [9] - Broadcom's stock closed on its intraday low after the news-related pop, indicating potential weakness [10] - Semiconductors, as a whole, have not exceeded their July highs [11][12]