Wall Street's darling changes hands? The chip giants diverge: Broadcom rises over 11% to reach a new high, while NVIDIA falls into the correction zone.

Despite the lack of support from NVIDIA, on Monday, the Nasdaq Composite Index still reached a historic high. On the same day, other semiconductor stocks also performed well. Micron Technology rose over 5% ahead of its upcoming quarterly Earnings Reports, peaking at over 8% during the session. Marvell Technology increased by 3.3%.

wallstreetcn07:20

Morgan Stanley's in-depth analysis of the Industry Chain for ASICs: Who are the big winners?

Morgan Stanley believes that although NVIDIA's GPUs have a clear performance advantage, the initial cost of ASICs is lower, making them particularly suitable for budget-constrained Cloud Computing Service providers. Broadcom, Semiconductor Manufacturing International Corporation, and Socionext are viewed as Bullish. Cadence Design Systems, Taiwan Semiconductor, and their supply chain partners will benefit from the rapid growth in ASIC design and manufacturing.

wallstreetcnDec 16 22:10

Broadcom Climbs 11%, Nvidia Slides as AI Chip Competition Intensifies

Yahoo Finance14:16

Track Hyper | Broadcom beats NVIDIA: Shenzhen Woer Heat-shrinkable Material benefits from it.

Does the ASIC listing in the domestic market not affect making money.

wallstreetcn11:07

From NVIDIA to Broadcom, a "paradigm shift" in the AI Industry.

As AI large models transition from the pre-training phase to the logical reasoning phase, dedicated chips represented by ASICs may gradually replace general-purpose chips represented by GPUs, becoming the "new favorite" of major AI companies. Analysis suggests that if Broadcom's CEO's predictions about the ASIC market are accurate, the AI Business related to Broadcom's ASICs is expected to achieve annual growth of doubling over the next three years.

wallstreetcnDec 16 23:46

Broadcom surged 38% in two days, and funds are beginning to layout this type of ETF against the trend.

Gelonghui, December 17 | Today, the A-share market fluctuated upwards, and high-position stocks continued to retreat. The Copper cable high-speed connectors and optical modules performed well, with Accelink Technologies, Eoptolink Technology Inc., and Zhongji Innolight all rising over 5%. In the U.S. stock market, leading chip stocks showed a mixed performance, with Broadcom surging 38% in two days, while NVIDIA weakened. In terms of news, Broadcom's AI revenue is expected to grow by 220% in fiscal year 2024, and AI product revenue is anticipated to increase by 65% year-on-year in the first fiscal quarter of 2025, currently developing AI chips in collaboration with three major clients. The market predicts that dedicated chips represented by ASIC may gradually replace GPU-represented chips.

Gelonghui Finance10:39