AVGO stock has been on a tear, rising 104% in the past year versus a NASDAQ return of just 34%. However, writers at Silicon Angle seem to think Broadcom stock's massive rally is just getting started. Could Broadcom stock be the next NVIDIA? Trick question. The next NVIDIA is NVIDIA. However, the "other" NVIDIA may just be Broadcom, the only other company that operates in internal and scaled networking across switches. Broadcom and NVIDIA are essentially a duopoly in this space.
RESEARCH PIECES USED IN THIS VIDEO:
1. The Best Semiconductor ETF
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2. SNSR – An Internet of Things ETF for IoT Investors
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CHAPTERS:
00:00 Intro
01:08 AI revenue
2:04 Broadcom (AVGO)
04:20 Broadcom revenue segments
05:09 What Broadcom does
07:38 Broadcom's route to AI dominance
10:16 Concluding thoughts
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Is Broadcom Just Getting Started?
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