Top AI Stock Broadcom Tacks On $85 Billion Thursday
Some analysts expect this Silicon Valley semiconductor giant (not Nvidia) could soon become a trillion-dollar company.
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Some analysts expect this Silicon Valley semiconductor giant (not Nvidia) could soon become a trillion-dollar company.
Chip designer Arm Holdings on Wednesday introduced a new computing platform for mobile devices optimized for artificial intelligence.
Rosenblatt's Hans Mosesmann revised his views on Arm after investors inquired about its performance compared to the industry.
Nvidia stock is up over 200% in the last year. Analysts see more upside and a $3 trillion market capitalization coming after the company's Q1 results and guidance.
Any disappointment may trigger an initial negative reaction but investors could stick with the stock, realizing "today's pain is for next quarter's gain," a venture capitalist said.