glowzi
09-02

$Broadcom(AVGO)$ $Dell Technologies Inc.(DELL)$ $NVIDIA Corp(NVDA)$ 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.

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet