The AI industry has experienced significant growth in 2023, with Gen AI startups raising over $20 billion. The power of AI, particularly OpenAI's ChatGPT, has disrupted the semiconductor market, leading to a stock frenzy. Chipmakers stocks are seen as a practical short-term investment in AI technology. However, Broadcom has faced challenges, with slow sales growth and weak annual forecasts due to lower enterprise spending.
Broadcom offers weak annual forecast, citing lower enterprise spending https://t.co/IMgUHNx8LI
Broadcom sees revenue below estimates on weak enterprise spending https://t.co/T7GSOcaGuR https://t.co/9rctMSTiOs
Broadcom posted its slowest sales growth since 2020 as the chipmaker tries to pull out of an industrywide slump https://t.co/LpV5iQRLQH
Broadcom posted its slowest sales growth since 2020 as the chipmaker tries to pull out of an industrywide slump https://t.co/H1M1vG2bM4
Broadcom Stock Falls Despite Earnings Beat. CEO Says AI Chip Demand Is Boosting Revenue. https://t.co/bFNmHcWLBP
The rise of the AI Alliance and its implications for the tech industry https://t.co/O1bHckyZcB
WATCH: Amid the hype around AI, it's not yet clear where the next breakthrough is coming from, but it will require vast computing power. Aaron Anderson of Fisher Investments tells @Reuters chipmakers stocks are the most practical short-term way of investing in the technology https://t.co/uonFSkyNV9
Amid the hype around AI, it's not yet clear where the next breakthrough is coming from, but it will require vast computing power. Aaron Anderson of Fisher Investments tells @Reuters chipmakers stocks are the most practical short-term way of investing in the technology https://t.co/nhn85gjSgV
WATCH: The power of AI turned Silicon Valley upside down in 2023 with few of the big players prepared for the breakthrough of OpenAI’s ChatGPT. Aaron Anderson of Fisher Investments talks to @Reuters about the long-term implications of the technology for the semiconductor industry https://t.co/b79eYpcyqk
The power of AI turned Silicon Valley upside down in 2023 with few of the big players prepared for the breakthrough of OpenAI’s ChatGPT. Aaron Anderson of Fisher Investments talks to @Reuters about the long-term implications of the technology for the semiconductor industry https://t.co/TKFBJ6vck9
This year’s AI stock frenzy has papered over cracks in the semiconductor market https://t.co/FFyIUAWD9p
This year’s AI stock frenzy has papered over cracks in the semiconductor market https://t.co/UMhtxI2I4J
Generative AI had an incredible year. Although ChatGPT is only 1 year old, it took the term mainstream. Gen AI startups raised over $20 billion in 2023, but the space remains a minefield for investors. Eze Vidra (@ediggs) explains why. https://t.co/on2yXCXo3K
Buy these 8 tech stocks with up to 36% upside to take advantage of the once-in-a-generation AI boom in 2024, according to a 27-year market veteran https://t.co/afAaTIlUjv