Nvidia is rolling out Blackwell, its next-generation AI chip architecture. Meanwhile, Broadcom is chasing what could be a $90 billion opportunity by 2027.

Broadcom Inc (AVGO) stock surged on better-than-expected earnings and dividend raise, but missed revenue expectations. Analysts remain bullish on its AI and custom chip growth prospects.

The competition for leadership in the AI chip market is intensifying, with Broadcom Inc. positioning itself as a formidable challenger to Nvidia Corporation in the years ahead.

Semiconductor stocks generally move together in tandem with the cyclical nature of the business. But 2024 is an exception to that, with five AI data center highfliers offset by the poor performance of the rest.

After a significant run-up, some investors have cooled on Nvidia stock. There are a number of potential catalysts on the horizon that could send the chipmaker higher. Nvidia's multiple has ticked steadily lower over the course of the year,

This year has been one of milestones for top tech company Nvidia (NASDAQ: NVDA). Nvidia also won a spot among the elite, with an invitation to join the Dow Jones Industrial Average, and the stock became the best performer on the benchmark for the year.

Nvidia shares were down 3.4% at $135.12 in early trading. The stock fell 0.2% on Thursday. The move looked to be in line with the broader market amid relatively thin trading volum