Broadcom Stock News

Broadcom Inc. (NASDAQ: AVGO) has garnered considerable attention for its strong market presence across the semiconductor and enterprise software sectors.

Broadcom stock jumped on a report that OpenAI is partnering with the fabless chipmaker to develop an AI inferencing processor.

OpenAI is working with Broadcom and TSMC to build its first in-house chip designed to support its artificial intelligence systems, while adding AMD chips alongside Nvidia chips to meet its surging infrastructure demands, sources told Reuters.

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With Nvidia (NASDAQ: NVDA) leading the AI stock surge, many investors now feel they might have missed the boat. Nvidia's 187% year-to-date gain has set a high bar, raising questions about how much further it can climb without a significant pullback.

A fantastic AI technology stock is hiding in plain sight (and no, it's not Nvidia).

Two of these AI chips stocks have good reasons to rise today. The third, not so much.

Tech stocks are the market's engine of growth. But what defines a tech stock?