Broadcom Outpaces Nvidia In AI Chip Stock Valuation Race: Is Investor Sentiment Shifting?

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Nvidia's stock has dipped 11% from its November highs, settling at $132, while Broadcom has surged 46% in the past week to $250, pushing its forward earnings multiple to 40.16—higher than Nvidia's 30.96, according to Benzinga Pro data.

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets: United StatesChina

Topics: Tech Top Stories Benzinga Technicals AVGO SG9999006241 Long Ideas Artificial intelligence AI Trading Ideas Stories That Matter Pro Project US67066G1040 NVDA

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 14:19:20 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24508912

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 18 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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