Prediction: This Artificial Intelligence (AI) Stock Could Be the Next $2 Trillion Giant
The artificial intelligence (AI) megatrend has lifted several companies to values above the trillion-dollar mark. The most prominent is Nvidia (NASDAQ: NVDA), but another one investors should keep an eye on is (NASDAQ: AVGO) -- a rising star thanks to its custom AI accelerator chips.
These products have a relatively small customer base now, but could see more adoption in the years to come. This could allow Broadcom to cut into Nvidia's market share dominance and allow it to grow at a quicker pace. Broadcom is currently valued at around $1.7 trillion, making a $2 trillion valuation easily within reach. In fact, I think Broadcom could easily grow to that level next year if it continues to capture market share at its current pace. And that could just be the beginning.
Image source: Getty Images.
Source Fool.com
Broadcom Ltd. Aktie
Starkes Kaufinteresse bei Broadcom Ltd., mit einer großen Anzahl an Buy- und wenigen Sell-Einschätzungen.
Ein positives, wenn auch nicht starkes, Potenzial für Broadcom Ltd. mit einem Kursziel von 358 € im Vergleich zu 322.6 €.
