Tap This ETF to Play Chip Trio NVIDIA, Broadcom & Micron [Yahoo! Finance]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: Yahoo! Finance
Nvidia is up about 180%, Broadcom has gained 60%, and Micron has jumped more than 75% in the year-to-date frame (as of Jun 20, 2024). We know that the rise of generative AI and its increasing applications have driven demand for powerful GPUs and other semiconductor components, which led to the rally in the trio. Inside the Rise of NVIDIA, Broadcom & Micron By now, NVIDIA is known to all for its relentless rally, driven by its prominence in the artificial intelligence (AI) space. It is now the most valuable company in the world. The company's success lies in its innovation and a huge market share of 80% in AI chips for data centers. Demand for NVIDIA's H100 accelerators has been on a surge (read: ETFs to Tap as NVIDIA Becomes the Most Valuable Company). Early this month, the AI chipmaker unveiled a high-powered version of its Blackwell chip — called the Blackwell Ultra — slated to release in 2025, followed by a new AI chip platform, Rubin, in 2026. The company will debut an Ultra
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News
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- Better Artificial Intelligence (AI) Stock Split Buy: Nvidia vs Broadcom [Yahoo! Finance]Yahoo! Finance
- Software-Defined Storage (SDS) Market size is set to grow by USD 105.07 billion from 2024-2028, Surge in cloud adoption boost the market, Technavio [Yahoo! Finance]Yahoo! Finance
AVGO
Earnings
- 6/12/24 - Beat
AVGO
Sec Filings
- 6/27/24 - Form 144
- 6/27/24 - Form 4
- 6/25/24 - Form 4
- AVGO's page on the SEC website