By Zacks Equity Research
Publication Date: 2026-04-21 03:19:00
Chicago, IL – April 20, 2026 – Today, Zacks Investment Ideas feature highlights Broadcom AVGO, Meta Platforms META, iShares Expanded Tech Sector ETF IGM, Invesco QQQ Trust QQQ, Global X Artificial Intelligence & Technology ETF AIQ.
The semiconductor industry has received some good news this week following the announcement that Broadcom and Meta Platforms have deepened their multi-year partnership through 2029, to co-develop custom AI silicon. While Meta stands to benefit from more efficient infrastructure, the news is a massive tailwind for Broadcom, which is rapidly evolving from a connectivity specialist into the backbone of the custom AI chip market.
For investors, this deal provides a compelling reason to consider tech-focused exchange-traded funds (ETFs) with significant exposure to both companies. While owning individual shares offers more direct upside, the volatility of the AI “arms race” makes a diversified ETF approach particularly attractive.