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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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Friday the 13th Ends with Flat S&P 500 | Wall Street Today
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Broadcom's AI Chip Leadership Puts Pressure on Nvidia and Marvell, Analysts Say
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Nasdaq, S&P Turn Lower, on Track for Weekly Loss While Broadcom Soars to $1T Market Cap
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Market Mixed on Friday the 13th | Livestock
Express News | PHLX Semiconductor Index up 3.89%; Broadcom up 21%, crosses $1 trillion market valuation.
$100 Invested In MicroStrategy 5 Years Ago Would Be Worth This Much Today
Broadcom Soars as Wall Street Sees the Possibilities of Custom AI Revenue Ramp
Mizuho Maintains Outperform on Workday, Raises Price Target to $320