Tech researcher says Broadcom (AVGO) is gaining market share

Broadcom Inc. (NASDAQ: AVGO) its market share in the AI-Clicks area where more technology giants look forward to obtaining fewer artificial intelligence chips from NVIDIA Corporation (NASDAQ: NVDA) by making their semiconductors, Gil Luria recently in CNBC.

Loror is the head of technology research in Da Davidson.

A technician works in a microscope, and develops a new integrated circle.

Loror said that Broadcom Inc. assistance. (Nasdaq: AVGO), Amazon.com (Nasdaq: Amzn) and Alphabet Inc. (NASDAQ: Googy) increases the production of their artificial intelligence chips. Meanwhile, Tesla, Inc. (NASDAQ: TSLA), Meta Platforms, Inc.

“Broadcom Inc. (NASDAQ: AVGO) has an opportunity to develop a class (market) (beyond that) because it helps other companies to make their own chips,” as Loror has claimed.

Last month, stocks rose by 22 %, while 11 % have advanced in the past three months.

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Disclosure: The author has the stock of Amzn, but he has no intention to trade it within the next 48 hours. This article was originally published in A monkey from the inside.