1 Top Artificial Intelligence (AI) Chip Stock to Buy Hand Over Fist Before It Jumps
2025 has been a difficult year for artificial intelligence (AI) semiconductor stocks so far, as the sector has been hit hard by a spate of negative news that has led investors to overlook the strong results that companies in this sector have been delivering.Broadcom (NASDAQ: AVGO), however, managed to buck that trend by handsomely crushing Wall Street's expectations and delivering solid guidance when it released its fiscal 2025 first-quarter results (for the quarter ended Feb. 2) on March 6. Shares of the chip designer jumped more than 8% the following day.was well-placed to beat consensus expectationsWhat's worth noting is that Broadcom stock is still in the red this year, down 20% as of this writing. But the good part is that it can still be bought at an attractive valuation. Let's take a closer look at the reasons why investors are upbeat about Broadcom's latest results and check why this semiconductor stock is worth buying right now.Continue reading
2025 has been a difficult year for artificial intelligence (AI) semiconductor stocks so far, as the sector has been hit hard by a spate of negative news that has led investors to overlook the strong results that companies in this sector have been delivering.
Broadcom (NASDAQ: AVGO), however, managed to buck that trend by handsomely crushing Wall Street's expectations and delivering solid guidance when it released its fiscal 2025 first-quarter results (for the quarter ended Feb. 2) on March 6. Shares of the chip designer jumped more than 8% the following day.was well-placed to beat consensus expectations
What's worth noting is that Broadcom stock is still in the red this year, down 20% as of this writing. But the good part is that it can still be bought at an attractive valuation. Let's take a closer look at the reasons why investors are upbeat about Broadcom's latest results and check why this semiconductor stock is worth buying right now.
