Prediction: This Top Artificial Intelligence (AI) Stock Will Start Skyrocketing After March 6
Semiconductor bellwether Broadcom (NASDAQ: AVGO) has clocked impressive gains of 69% on the stock market in the past year as of this writing, but it has witnessed an indifferent start in 2025.Broadcom stock fell big time last month after Chinese artificial intelligence (AI) start-up DeepSeek claimed that it had developed a competent AI model at an incredibly low cost, calling into question the billions of dollars that are being spent by many tech giants to build out their AI infrastructure. As Broadcom has been a beneficiary of the huge AI infrastructure spending, its shares crashed significantly following DeepSeek's revelation.It is worth noting that Broadcom has clawed back a nice chunk of those losses, though the stock is still down 6% in 2025. However, the chip designer's upcoming fiscal 2025 first-quarter results, scheduled for release on March 6, could give it a nice shot in the arm. Let's see why.Continue reading
Semiconductor bellwether Broadcom (NASDAQ: AVGO) has clocked impressive gains of 69% on the stock market in the past year as of this writing, but it has witnessed an indifferent start in 2025.
Broadcom stock fell big time last month after Chinese artificial intelligence (AI) start-up DeepSeek claimed that it had developed a competent AI model at an incredibly low cost, calling into question the billions of dollars that are being spent by many tech giants to build out their AI infrastructure. As Broadcom has been a beneficiary of the huge AI infrastructure spending, its shares crashed significantly following DeepSeek's revelation.
It is worth noting that Broadcom has clawed back a nice chunk of those losses, though the stock is still down 6% in 2025. However, the chip designer's upcoming fiscal 2025 first-quarter results, scheduled for release on March 6, could give it a nice shot in the arm. Let's see why.
