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IM OVERALL VERY BULLISH INTERMIDIATE AND LONG TERM AND HAVE ALWAYS OWNED BROADCOM BUT FOR IT TO HAVE THE SAME MULTIPLE AS NVDA AND GROWING ABOUT A FITH OF THE PACE.
It is a sharp defensive play against NVDA longterm because eventually everyone will have custom ASICs which they will get mostly from Broadcom and 2ndly Marvell.
Thats why i personally thought N Pelosi bought in as a hedge to NVDA. Im personally holding all my NVDA to 160 at which i will re-evaluate position.
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