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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%.
A whale falls and all things come to life, NVIDIA's stock price has dropped into the Range of adjustment, who will become Wall Street's next darling.
Despite other component stocks of the Nasdaq Composite Index rising to record levels, NVIDIA's stock price plummeted on Monday, officially entering a correction Range for the darling of AI chips.
Denmark's New AI Supercomputer Gefion Ranked as 7th Fastest Storage Systems in the World
Express News | Ming-Chi Kuo: NVIDIA's GB300/B300 AI Server Supply Chain Faces Challenges.
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.
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.
Jim Cramer Warns Nvidia's 'Vicious' And 'Fast' Reversal Is Coming Amid 174% Surge This Year And China Antitrust Probe
Could This Artificial Intelligence (AI) Newcomer Be the Next Nvidia?
Leading the U.S. stock market into a long bull run, chip stocks are expected to continue to "surge" next year.
BofA's "top chip stocks" for 2025 have been announced, including NVIDIA, Broadcom, and Marvell Technology.
After Gaining 2,100%, Is Nvidia Stock Done?
Nvidia Stock Keeps Growing for Investors, but Is It Time to Lower Expectations for 2025?
Top 20 by transaction amount | Apple, Google, and Amazon have all reached historical highs! Broadcom continues its upward trend, rising over 11%.
On Monday, Micron, ranked 13th in US stock trading volume, rose by 5.62%, with a trading value of 4.631 billion USD; SoundHound AI, ranked 16th among AI software stocks, increased by 16.44%, with a trading volume of 3.184 billion USD; Super Micro Computer, ranked 20th, fell by 8.26%, with a trading value of 2.768 billion USD.
Super Micro Drops Below 50-Day Average, Faces Nasdaq 100 Removal Just Months After Entry
U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori
The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.
Broadcom Is Having Its Own 'Nvidia Moment' as Stock Swells Further
NVIDIA Options Spot-On: On December 16th, 3.68 Million Contracts Were Traded, With 28.55 Million Open Interest
On December 16th ET, $NVIDIA(NVDA.US)$ had active options trading, with a total trading volume of 3.68 million options for the day, of which put options accounted for 34.39% of the total transactions,
Nvidia Vs. Broadcom: What Wall Street Says About the Chip Stocks
Dow's 111-Point Drop Led By Losses For UnitedHealth, Verizon Shares
Nvidia And 5 Other Stocks Are Analyst's Top Semiconductor Picks For 2025, Sees 2 AI Trends
Trending Stocks Today | Sidus Space Shoots up 198.69%
December 16th - US stocks trending in regular trading hours.Gainers: $Sidus Space(SIDU.US)$ shoots up 198.69% to $4.27 with a turnover of $651.98 million. $WeBuy Global(WBUY.US)$ soars 83.88% to $0.32