Broadcom achieved $51.6B in FY24 revenue, driven by VMware integration and 44% YoY growth. Click here to find out why AVGO stock is a Buy.

Nvidia supplies leading hyperscalers with AI chips, but Broadcom's latest sales figures may not bode well for the company.

Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.

The company recently wrapped up its year-end results for fiscal 2024 (which ended Nov. 3). Sales totaling $51.6 billion rose by 44% year over year, largely driven by a 181% increase in infrastructure software sales ($21.5 billion) -- due in large part to the closing of the acquisition of VMware in November of 2023.

Since AI emerged as the world's next megatrend about two years ago, one product in particular has become the technology sector's holy grail.

We recently published a list of Wall Street Is Focusing on These 10 AI Stocks as New Year Begins. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against ...

In 2024, the U.S. tech sector had a tumultuous year for semiconductor companies, with Nvidia and Broadcom succeeding in AI while Intel fell behind. Broadcom joined Nvidia and TSMC in the $1 trillion club,

Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/95.C_N2kNfW.js

Chip stocks surged Monday, led by Broadcom and Advanced Micro Devices following bullish calls from analysts, citing their potential to gain from booming demand for artificial intelligence.

Broadcom has reached a historic milestone, surpassing a US$1 trillion market valuation amid the rapid growth of the artificial intelligence (AI) market. CEO Hock Tan expressed confidence in a continued AI investment surge through the late 2020s.

The past year has been a solid one for semiconductor companies, as evident from the 21% gains clocked by the PHLX Semiconductor Sector index during this period. For instance, while shares of Broadcom (NASDAQ: AVGO) have jumped an impressive 115% in the past year,

Nvidia is one of the most popular AI stocks right now because of its lead in the semiconductor space. The company's graphics processing units (GPUs) have been used in data centers for years, and once tech giants began competing for generative AI dominance, the chips were even more in demand.