Broadcom, Marvell AI Stocks Surge
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Broadcom stockThe Motley Fool
•Better Artificial Intelligence (AI) Stock: Broadcom vs. Marvell Technology
82% Informative
Semiconductor stocks Broadcom and Marvell Technology have delivered outstanding gains in 2024 .
Broadcom generated $12.2 billion in revenue from sales of its custom AI chips and networking processors in fiscal 2024 .
Marvell is considered to be the second -largest player in the market for ASICs, with an estimated share of 13% to 15% ..
Marvell Technology's top line is expected to jump by 41% in the next fiscal year to $8.11 billion .
Broadcom's dominant position and big addressable market in AI chips means that investors probably won't go wrong with Broadcom if they are looking for a slightly cheaper name.
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