Nvidia leads the AI computing chip market, but the author argues Broadcom, with its custom AI chips, poses a bigger threat than AMD or Marvell. Broadcom's AI semiconductor revenue reached $16.7 billion, while Marvell's AI data center revenue totaled $2.1 billion in Q2. Broadcom has worked with Alphabet for a long time on Google's TPU and also has partnerships with Meta, Anthropic, and OpenAI. Broadcom estimates its AI segment revenue at about $58 billion this year, rising to $115 billion in 2027 and $230 billion in 2028, while Nvidia expects about 70% revenue growth in 2027. At 43 times trailing earnings and 17 times next year's estimates, the author argues the stock does not reflect that growth and considers it attractive.
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semiconductorsNVDAartificial intelligenceBroadcom
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Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 211.00 |
| Change that session | -0.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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