All this supports the idea of announcing a stock split, and that's why I predict Meta will be the next AI player to make such a move. And the good news is, even if it doesn't, Meta still represents a solid long-term buy-and-hold candidate for growth investors.
We recently compiled a list of the Blackrock’s 30 Most Important AI Stocks. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other AI stocks. In the third quarter of 2024,
SoftBank-backed Qraft Technologies has three AI-powered exchange-traded funds, including its momentum fund AMOM.
The tech integrates 2.5D packaging technology and 3D silicon stacking to usher in the next generation of “superchips” for AI.
Broadcom received a price target boost Friday from an analyst at Barclays. In a research report on Friday, analyst Thomas O'Malley adjusted his price target for Broadcom from $205 to $260. The new target represents a roughly 10% upside from its current levels. Barclays maintains a buy rating for Broadcom stock.
Let's talk numbers, because Broadcom's fiscal 2024 results are jaw-dropping. Revenue soared 44% to a record $51.6 billion, with AI leading the chargea staggering 220% jump in AI revenue to $12.2 billion.
Nvidia supplies leading hyperscalers with AI chips, but Broadcom's latest sales figures may not bode well for the company.
Broadcom's recent fiscal performance underscores its resilience, with AI-related revenue driving better-than-expected fourth-quarter results. The company anticipates $14.6 billion in revenue and an EBITDA margin of approximately 66% for the upcoming quarter, cementing its position alongside NVIDIA Corp NVDA in the AI infrastructure race.
As the marketplace for semiconductors grows beyond Nvidia, Broadcom — a major competitor — should see its stock price grow significantly.
We recently compiled a list of the 10 Best Stocks to Invest in According to Billionaire Cliff Asness. In this article, we are going to take a look at where Broadcom Inc.
We recently published a list of 10 Must-Watch AI Stocks on Investors’ Radar. In this article, we are going to take a look at where Broadcom Inc.
We recently compiled a list of the 7 Best Semiconductor Stocks to Buy Now. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other semiconductor