Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play

Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play

Chip giant Broadcom NASDAQ: AVGO recently posted quarterly results that have many arguing that the AI party isn’t over. The market reaction to the company’s results stood in stark contrast to that of its rival, Marvell Technology NASDAQ: MRVL. Marvell released its Q4 2024 earnings on Mar. 5. Afterward, shares plummeted, losing nearly 20% of their value.

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