$Broadcom(AVGO)$ $Dell Technologies Inc.(DELL)$ $NVIDIA Corp(NVDA)$ NVDA has risen quite a lot so far this year. I do believe though, it will increase further since its most recent drop. I also believe we’ll see a run later this year especially after September. AVGO is only recently being looked at as an AI play. A good amount of AVGO business is networking chips - Tomahawk, Trident, Jericho. These chips are used by all the major networking companies to make data center Ethernet switches, so AVGO is an AI play for multiple reasons. The AI play is already considered in the price of NVDA, but not nearly as much in AVGO.
DELL is an example of an AI affected company that, even though they were doing layoffs and experienced other challenges, the stock rose after earnings.
AVGO and DELL are similar in that they are part of the AI play, weren’t already inflated by the AI hype, and so both will / may rise even more.
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