What Is One of the Best Chip Stocks to Own for the Next 5 Years?
Nvidia is not the only stock to play the AI boom.The market for semiconductors is red-hot as investment continues to pour into data centers for artificial intelligence (AI). IDTechEx expects the market for AI chips to exceed $400 billion by 2030. While graphics processing unit (GPU) leader Nvidia is a popular pick, investors should also consider Broadcom (AVGO -0.48%). Why Broadcom stock is a long-term buyOne issue for Nvidia is that its chips carry a high cost of ownership. They are the most powerful chips ...