This is a Nvidia news story, published by MSN, that relates primarily to Broadcom news.
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tech stocksThe Motley Fool
•Technology
Technology
80% Informative
Technology has become the single most important sector in the U.S. stock market.
It contains the three most valuable companies in the world -- Microsoft , Apple , and Nvidia .
Tech stocks are responsible for most of the S&P 500's sell-off so far this year .
Long-term investors who can stomach the volatility of tech stocks may want to take a closer look at Microsoft , Broadcom , and Oracle .
Oracle reported cloud infrastructure revenue of $2.7 billion , up 49% year over year .
Oracle has signed agreements with OpenAI , xAI, Meta Platforms , Nvidia , and Advanced Micro Devices .
Oracle sports a relatively inexpensive valuation, with a 21.4 forward P/E -- even cheaper than Microsoft and Broadcom .
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