From Nasdaq: 2025-05-31 06:00:00

>Nvidia (NASDAQ: NVDA) has seen an 800% stock increase since the start of the AI arms race in 2023, turning $10,000 into $90,000. However, troubles are brewing as customers explore custom AI accelerators over Nvidia’s GPUs due to premium pricing. Broadcom (NASDAQ: AVGO) is a key partner in designing these accelerators.

>Broadcom anticipates significant growth in the XPU market, with a projected $60-90 billion market by 2027 from just three clients. While GPUs still have a place in AI training, XPU usage is expected to surpass GPU usage. Broadcom’s stock carries a premium due to the rise of XPUs, making it an attractive investment.

>Despite Broadcom’s high stock price, its forward PE ratio of 36 times earnings could be justified by the potential XPU market expansion. Investors should monitor Broadcom’s XPU business performance, as it shows promise for significant success. Consider investing in Broadcom before its potential growth takes off.

>Joining Stock Advisor can provide access to the top 10 stock picks, which have historically outperformed the market significantly. While Broadcom wasn’t on the list, the recommended stocks have the potential for substantial returns. Don’t miss out on this opportunity to maximize your investment portfolio.

1. The U.S. economy added 559,000 jobs in May, surpassing expectations and bringing the unemployment rate down to 5.8%. This marks a significant improvement from April’s disappointing numbers and indicates a positive trend in the labor market recovery.

2. Dogecoin, the cryptocurrency inspired by the popular “Doge” meme, saw a surge in value after being listed on the popular trading platform Coinbase. The price of Dogecoin rose by 25% following the announcement, reaching a market capitalization of over $60 billion.

3. The G7 nations have agreed to back a global minimum corporate tax rate of at least 15% in an effort to prevent multinational corporations from avoiding taxes by shifting profits to low-tax countries. This landmark agreement is aimed at creating a more level playing field for businesses worldwide.

4. In sports news, the Brooklyn Nets defeated the Milwaukee Bucks in a thrilling Game 1 of their NBA playoff series. Kevin Durant led the Nets to victory with a stellar performance, scoring 29 points and showcasing his skills as one of the league’s top players.

5. The European Union has approved the use of the Pfizer-BioNTech COVID-19 vaccine for children aged 12 to 15, making it the first vaccine authorized for use in this age group in the EU. The decision comes as part of efforts to expand vaccination campaigns and protect younger populations from the virus.



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