Will Broadcom Stock Have Its ‘Nvidia Moment’ in 2025? [Video]

Chipmaker Broadcom’s (AVGO) latest earnings-fueled rise has made it the newest member of the $1 trillion dollar club. But what’s next for the stock?

Some on Wall Street see artificial intelligence-driven demand poised to push sales of its chips to fresh highs, powering its stock higher in 2025. But others are more cautious—in the near term, at least.

Shares of both Nvidia and Broadcom have more than doubled in value in 2024, placing them among the S&P 500’s top performers for the year. Analysts, however, are more bullish on the former, with high expectations for Nvidia in early 2025 and the expectation that Broadcom’s next big break could come further down the line.

Broadcom’s “robust AI story is finding its own ‘Nvidia moment‘” as the AI business picks up steam, Bernstein analysts told clients Monday. But they also warned that Broadcom’s “core business remains fairly lousy,” with material opportunities potentially years away.

Broadcom’s recent gains have …