Boybabyrage
07-19

$Broadcom(AVGO)$   I am currently holding both Broadcom and Nvidia stocks. I feel Broadcom has more potential in the upcoming years because of diversity in the revenues. Now, OpenAI is also eyeing to cooperate with Broadcom on AI design chips. Let's see



Market Chatter: OpenAI in Talks With Chip Designers Including Broadcom for New AI Chip
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • glowzi
    07-19
    glowzi

    NVDA provides OpenAI a lot of their chips. Broadcom has the second best options because of their strong GPU networking. But no CUDA framework like NVDA. Loser out of this seems to be AMD.

    • Boybabyrage: 
      I think so. As much as I want to support AMD, I feel the company has to come up with really good and affordable chips to compete with NVDA.
  • bubblyx
    07-19
    bubblyx

    To my calculations, AVGO need to be 390 in a year 🚀🚀🚀🚀

    • Boybabyrage: 
      $200 is the lowest price by the end of this year. Once OpenAI contract is secure, it is a mining field for Broadcom investors.
  • wubbie
    07-19
    wubbie

    Wait for 100, tech bubble is about to go burst

    • Boybabyrage: 
      It is hardly the case. Now, Singapore is also clearing up lands for AI industries
  • dimpy
    07-19
    dimpy

    OpenAI reached out to Broadcom to build them AI chips. That’s why it spiked

Leave a comment
7