Amazing Broadcom and SOXQ ETF Is My Tactical Bet On This Stock
@koolgal:
🌟🌟🌟Broadcom $Broadcom(AVGO)$ has just joined the Trillion Dollar Club as its share price has reached a new high and is up a huge 24% in just 1 day! CEO Hock Tan told investors that Broadcom's potential market for both its networking and ASIC offerings could rise to USD 90 billion over the next 2 years. This is more than 4 times the current size of the market. Broadcom also forecasts 1st quarter revenue above estimates on Thursday. Big Tech's push to diversify beyond Nvidia's pricey and supply constrained AI processors has been a windfall for Broadcom as it makes custom chips for major cloud companies. In contrast $NVIDIA Corp(NVDA)$