Broadcom, we won!
(Original title: Broadcom, Winning Big!) If you wish to meet frequently, please feel free to add this article to your favorites. With Nvidia's market cap surpassing Apple, AI chips have once again become a hot topic of discussion. From 1 trillion yuan to 2 trillion yuan, and then to 3 trillion yuan, it seems that AI has cast a magical spell on Nvidia's stocks, causing them to rise and surpass other players in the semiconductor industry. Does Nvidia have a chance to surpass Microsoft to become the highest-valued stock in the US? The answer to this question is still unknown, but one thing is certain: there will never be a shortage of competitors in this AI chip race that Nvidia has ignited. In this AI boom, Broadcom is the big winner.
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Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/10/2024 16.93% Morgan Stanley → $1658 Reinstates → Overweight 06/03/2024 30.47% Melius Research → $1850
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