Better Artificial Intelligence (AI) Stock: Broadcom vs. Nvidia
The artificial intelligence AI realm is full of exciting investments, but none is more popular than Nvidia (NASDAQ: NVDA). Nvidia makes graphics processing units (GPUs), and these have been the most widely deployed computing units in the AI sector. However, Nvidia's GPUs aren't the cheapest option, and AI hypercalers have to pay a premium to deploy the best-in-class hardware.
Instead of using Nvidia's products, some hyperscalers are starting to explore alternatives from (NASDAQ: AVGO). Broadcom is taking a different path in designing AI computing units, and the strategy looks to be paying off for it.
But which is the better AI stock to invest in right now? Let's take a look.
Source Fool.com
Broadcom Ltd. Stock
€273.85
-1.880%
With 91 Buy predictions and 1 Sell predictions Broadcom Ltd. is one of the favorites of our community.
With a target price of 304 € there is a slightly positive potential of 11.01% for Broadcom Ltd. compared to the current price of 273.85 €.
