You Come at the King, You Best Not Miss...

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Before we fully jump in, read below for a free event + giveaway from GRIT!

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Now, let’s jump right into the analysis! 👇

Stock Deep Dive: Broadcom (AVGO-US, $1.10T MCAP)

2024 was the year of Nvidia.

No one was a bigger beneficiary of the AI boom than Nvidia. As megacap tech companies flooded the order books for AI chips, we saw some of the most impressive revenue and earnings growth in the history of the stock market.

The common rhetoric from megacap CEOs mid-way through 2024 was that they would rather overspend than get left behind.

This happens in every euphoric cycle (Notice that I didn’t call it a bubble because there are actual earnings behind the hype).

However, when you look at Nvidia’s profitability margins, you have to start to wonder one thing… When does competition start to come into play?

Any time one dominant player is capturing outsized profitability margins, competitors will naturally enter the arena in search of their piece of the pie. Margins attract competitors.

To date, we haven’t seen anyone come close to Nvidia. AMD is a full product cycle behind, and it appeared there truly was no viable alternative. Cloud computing companies were forced to buy Nvidia’s racks.

I believe 2025 will prove to be a very different story. Cloud companies are now partnering with this company in order to reduce their reliance on one provider.

Ready player 2.

• Why now? 👉 The Shift to Custom Silicon

• Overview 👉 What Does Broadcom Do?

• Business Units 👉 Semiconductor Solutions & Infrastructure Software

• Growth Driver 👉 AI Opportunity

• Key Partnerships 👉 Google, Meta, ByteDance, OpenAI, Apple

• By The Numbers 👉 Key Metrics

• Risks 👉 Potential Pitfalls

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