Top Semiconductor Stock Outpacing Nvidia With a 36% Gain Over 6 Months | The Motley Fool

Nvidia (NVDA +2.27%) is one of the most well-known stocks due to its AI chips. It has become the world’s most valuable publicly traded company, but that doesn’t make it the best stock to hold.

Fellow semiconductor stock Broadcom (AVGO +1.71%) has outperformed Nvidia with a 36% return over the past six months. The shift to custom-made chips may explain why Broadcom is doing so well and leaving Nvidia shares behind.

ASIC chips are poised to gain market share

Broadcom produces ASIC chips while Nvidia specializes in GPUs. Nvidia’s AI chips can handle a wide range of general tasks, but Broadcom’s chips are specialized for specific tasks.

Today’s Change

(1.71%) $7.20

Current Price

$427.76

Key Data Points

Market Cap

$2.0TMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Day’s Range

$421.61 – $430.84

52wk Range

$281.87 – $495.00

Volume

14.7M

Avg…