Broadcom (AVGO) 30-day option implied volatility flat

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Go back to Broadcom (AVGO) 30-day option implied volatility flat

Citi: NVDA still the semi stock with the most positive sentiment, AVGO catching up

July 22, 2024 8:43 AM EDT

NVIDIA (NASDAQ: NVDA) continues to enjoy the most positive sentiment among semiconductor stocks, but Broadcom (NASDAQ: AVGO) is quickly gaining ground, according to Citi analysts.

"While NVDA remains the stock with the most positive sentiment, we believe AVGO is catching up," Citi said in a note after a week of investor meetings in New York and Connecticut.

The bank said investors are increasingly bullish on AVGO due to its expanding AI... More

OpenAI partnership is a 'further validation of Broadcom's leading position': Wells Fargo

July 19, 2024 8:37 AM EDT

Wells Fargo analysts have emphasized that the recent partnership between OpenAI and Broadcom (NASDAQ: AVGO) for the development of AI-optimized chips is a significant endorsement of Broadcom's expertise in custom AI silicon.

According to a report from The Information, OpenAI is collaborating with Broadcom to create a new AI chip, marking a substantial recognition of Broadcom's prowess... More