From Nasdaq: 2025-03-20 09:33:00

Chip giant Broadcom (NASDAQ: AVGO) posted strong quarterly results, contrasting Marvell Technology’s (NASDAQ: MRVL) disappointing earnings. Marvell’s shares dropped nearly 20%, while Broadcom’s jumped over 8%. Broadcom beat revenue and EPS estimates, with higher guidance. The company’s collaboration with hyperscalers for custom AI accelerator chips shows promising growth potential.

Broadcom’s acquisition of VMware has been successful, with improvements in software offerings like vSphere and VMware Cloud Foundation. This positions Broadcom well in the AI investing landscape, catering to enterprises running AI workloads in private data centers. Marvell, on the other hand, focuses more on hardware. Broadcom’s diverse revenue sources and increasing margins make it a solid play in AI investments.



Read more at Nasdaq:: Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play