SMH241213P242500
- 0.02
- -1.33-98.52%
VanEck Semiconductor ETF Newsroom
Broadcom Joins Nvidia, Tesla in Top Stock Options as Market Cap Hits $1 Trillion
Sell NVIDIA, buy Broadcom! What is the market saying on Friday?
Analysts pointed out that Wall Street is focusing on the demand for ASICs (Application-Specific Integrated Circuits) from major Technology companies, which may be one of the reasons for the drop in NVIDIA Stocks. In the coming years, custom chips will gradually take market share from expensive GPUs in the applications of generative AI.
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Nasdaq, S&P Turn Lower, on Track for Weekly Loss While Broadcom Soars to $1T Market Cap