Better Buy: Broadcom vs. Nvidia Stock

Key Points

• Nvidia holds a great AI computing market share.

• Broadcom’s growth rate will be faster over the next two years.

• Both stocks are fairly valued.

Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) are two of the premier artificial intelligence (AI) stocks. Each of them is growing rapidly and making a ton of money thanks to massive spending on AI infrastructure.

Each of them has its strengths, but which one is the better pick between the two? Let’s take a look.

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Market share

As of right now, Nvidia has a massive market share lead over Broadcom, but that shouldn’t be too much of a surprise. Nvidia’s primary product is a graphics processing unit (GPU), which is meant for broad-purpose accelerated…