Reported 3 days ago
Jim Cramer recently highlighted Broadcom Inc. (NASDAQ:AVGO) for its role in the AI sector, particularly in developing ASIC chips designed to work alongside NVIDIA's AI GPUs. The semiconductor company has seen a 27% increase in shares this year, benefitting from the surging interest in AI technologies, despite the challenges posed by tariffs and supply chain dynamics involving major partners like Apple.
Source: YAHOO