A Tale of 2 AI Stocks: Why Broadcom Soared Even as "Baby Broadcom" Plunged Last Week

Artificial intelligence stocks have taken a beating over the past month. While AI-fueled enthusiasm caused several stocks to boom in 2024, investors now appear to be experiencing angst over valuations in the face of potential tariffs, trade restrictions to China, or a digestion period in AI spend.Two 2024 winners were Broadcom (NASDAQ: AVGO) and Marvell (NASDAQ: MRVL). Their portfolios are somewhat similar, so much so that Marvell is sometimes called "baby Broadcom."However, when each stock reported last week, Marvell plunged, while Broadcom soared. It was an interesting dichotomy and may have reflected a few changing dynamics in the AI races.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool