$Broadcom(AVGO)$ What makes pe

$Broadcom(AVGO)$ What makes people think AVGO ISNT going to crash on earnings?

Nvidia $NVIDIA Corp(NVDA)$ crushed earnings but still fell. I’m confused why shorting AVGO isn’t the right move. Has there been a chip/AI company who has beaten earnings and seen positive stock price movement? Prior to Nvidia, TSM $Taiwan Semiconductor Manufacturing(TSM)$ and AND both had fantastic earnings and their stock price either fell or stayed relatively flat.

Hence, I don’t see why people are all that bullish on AVGO in terms of purchasing calls. Might be a good candidate for buying leaps but if Nvidia wasn’t able to rocket, there’s a negative chance that AVGO will be able to do it.

I’d be curious to see why people would think differently.

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