By Keithen Drury
Publication Date: 2026-02-02 13:02:00
While most of the investing attention in the artificial intelligence (AI) realm is directed toward Nvidia (NVDA 0.75%), Broadcom (AVGO +1.05%) is starting to gain momentum. Both companies are competing in the AI computing unit field, but Broadcom’s product represents the next iteration that could really take off over the next few years.
But is it worth a $1,000 investment right now?
Image source: Getty Images.
Broadcom’s approach to AI computing is specialized
Nvidia makes graphics processing units (GPUs), which can be deployed in many applications beyond AI, like cryptocurrency mining or drug discovery. Broadcom is taking a more direct approach and designing a custom AI chip for each of its clients. So, any company that has partnered with Broadcom is getting an application-specific integrated circuit (ASIC) chip suited directly for its workload. This means that a chip designed for Google won’t look the same as one for OpenAI; however, each company benefits because their…
