By The Globe and Mail
Publication Date: 2026-05-15 09:57:00
Key Points
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The artificial intelligence (AI) boom is driving incredible demand for specialized data center chips, which is benefiting Advanced Micro Devices (AMD) and Broadcom.
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Both AMD and Broadcom are producing accelerating revenue growth in their AI hardware businesses, and that momentum is expected to continue.
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Shares of AMD and Broadcom are soaring, but picking the better buy from here might come down to investor preference.
The semiconductor industry is the beating heart of the artificial intelligence (AI) boom, because developing this revolutionary technology wouldn’t be possible without specialized data center chips and networking components. Demand is heavily outstripping supply for this hardware, which is benefiting suppliers like Advanced Micro Devices(NASDAQ: AMD) and Broadcom(NASDAQ: AVGO).
Since the AI boom started gathering momentum at the start of 2023, shares of AMD and Broadcom have exploded higher by 590% and 650%, respectively. But which company is the better…
