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stock splitThe Motley Fool
•82% Informative
Broadcom recently underwent a 10 -for-1 stock split, but could be a better buy.
The chip designer provides two types of chips that are extremely useful in data centers focused on generative AI .
Broadcom's AI-related revenue increased 280% year over year in the second quarter .
The company also develops AI accelerators, which are custom chips designed specifically for training and running AI algorithms.
The Motley Fool Stock Advisor analyst team identified what they believe are the 10 best stocks for investors to buy now and Broadcom wasn't one of them.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 615,516 !.
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