Both NVIDIA and Broadcom stocks are boosted by artificial intelligence, but NVIDIA is a better buy now.

From Nasdaq: 2025-03-10 15:05:00

Artificial intelligence (AI) boosts NVIDIA and Broadcom stocks, with Broadcom’s custom AI accelerators competing with NVIDIA’s GPUs. NVIDIA’s CUDA platform dominance and Blackwell AI processor demand drive growth. Broadcom expects revenue growth from custom AI accelerators, aiming to tap a $60-90 billion market by 2027.

NVIDIA remains strong with GPU dominance, low DeepSeek threat impact, and high demand for Blackwell chips. Broadcom sees growth in custom AI accelerators and connectivity switches, with revenues up 220% in fiscal 2024. NVIDIA’s revenue growth outpaces Broadcom’s, making it a better buy with a more cost-effective stock option.

NVIDIA earns a Zacks Rank #2 (Buy) while Broadcom holds a Zacks Rank #3 (Hold). Zacks experts predict 5 stocks set to double in 2024, offering a chance to get in on potential home runs. NVIDIA and Broadcom stock analysis reports are available for free download.



Read more at Nasdaq: Which AI stock, NVIDIA or Broadcom, is a Better Buy Now?