Broadcom rises over 8% again, with a cumulative increase of over 35% in two days! Which company will become the next member of the "trillion Market Cap club"?

After Broadcom's market cap exceeded one trillion dollars, there are currently nine companies in the "trillion-dollar market cap club" in the U.S. stock market, namely Apple, Microsoft, NVIDIA, Amazon, Google, Meta, Tesla, Broadcom, and Taiwan Semiconductor.

Futu NewsDec 16 22:52

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

Tech Advances as Broadcom Surges - Tech Roundup

Dow Jones4minutes ago

Driven by AI, stock prices have risen for two consecutive days, reaching a new high. Several institutions on Wall Street have raised the Target Price for Broadcom (AVGO.US).

Broadcom's stock price has risen again by over 11%, closing at 250 dollars.

Zhitong Finance31minutes ago · Ratings

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

The Wall Street darling has changed! The divergence between Broadcom and NVIDIA has intensified, with Broadcom soaring over 11% while NVIDIA has declined.

Despite the lack of support from NVIDIA, the Nasdaq Composite Index still reached a historic high on Monday. On the same day, other semiconductor stocks also performed well. Micron Technology rose over 5% before the upcoming quarterly Earnings Reports, and at one point surged over 8% during intraday trading. Marvell Technology increased by 3.3%, and Lam Research rose by more than 2%.

wallstreetcn56minutes ago