Broadcom and AMD see significant AI-driven growth, with AMD viewed as a stronger investment.

In the AI market, semiconductor companies Broadcom and AMD are key players. Broadcom saw a 47% sales increase to $13.1 billion, partly due to its VMware acquisition and its secure AI solutions. AMD focuses on accelerated computing, attracting major tech firms like Meta, with 18% revenue growth to $6.8 billion. Despite strong performances, AMD is seen as a better investment due to lower debt and a favorable price-to-earnings ratio.

November 24, 2024
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