Intel's stock tumbled 60% in 2024, while Broadcom soared, highlighting the AI market's impact.

In 2024, Intel's value plunged by 60%, marking its worst year ever, while Broadcom's stock more than doubled, hitting a record high. The differing fortunes were largely due to the artificial intelligence (AI) market. Broadcom, with its custom chips for cloud companies and AI-specific accelerator chips, has become a key player in the AI ecosystem, while Intel struggles to adapt to these new technologies.

3 months ago
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