Reported 8 months ago
In the first half of 2024, Nvidia and Broadcom both saw significant stock price increases of 171% and 59%, respectively, following stock splits to lower share prices. Nvidia's growth is attributed to its AI advancements and market demand for its GPUs, while Broadcom's success comes from its diverse AI-related acquisitions and revenue growth. However, predicting whether these companies can maintain this momentum in the second half of the year remains uncertain due to factors like high valuation and financial performance.
Source: YAHOO