Prediction: This $1 Trillion Artificial Intelligence (AI) Stock Will Be the Next Nvidia

Since the dawn of the artificial intelligence (AI) era, a number of players have been at the leading edge of the technology. Perhaps no company has exemplified the vast potential of AI more than Nvidia (NASDAQ: NVDA). Since early 2023, the chipmaker's stock has surged more than 1,000% (as of this writing) as its graphics processing units (GPUs) have become the gold standard for facilitating the technology.However, investors may be surprised to learn that Broadcom (NASDAQ: AVGO) has actually outperformed Nvidia over the past year, as its stock has soared 149% compared with 63% for Nvidia. Furthermore, several pronouncements by the company during its recent quarterly report suggest that trend is poised to continue.Let's look at what's driving Broadcom's robust rally and why I predict the company is on track to be the next Nvidia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool