The post Missed the Nvidia surge? 2 AI stocks not to ignore in 2025 appeared on BitcoinEthereumNews.com.

With Nvidia (NASDAQ: NVDA) leading the AI stock surge, many investors now feel they might have missed the boat. Nvidia’s 187% year-to-date gain has set a high bar, raising questions about how much further it can climb without a significant pullback. In response, Finbold analyzed two alternative AI stocks, Broadcom (NASDAQ: AVGO) and Advanced Micro Devices (NASDAQ: AMD), both of which present attractive valuations, robust fundamentals, and substantial growth potential within the AI sector. Broadcom, a leader in the semiconductor space, has gained over 57% year to date and is emerging as a powerful competitor in the AI space. The company’s focus on custom processing solutions, known as XPUs, is positioned to meet the needs of hyperscale data centers, and it expects a substantial $12 billion in sales from AI parts and custom chips in 2024.  Broadcom five-day price chart. Source: Finbold With Bank of America estimating Broadcom’s AI market opportunity between $100 and $125 billion, as Yahoo Finance reported, Broadcom is also set for significant growth through its recent $69 billion acquisition of VMware, expanding its reach into multi-cloud solutions and subscription-based revenue. Broadcom is also seeing robust demand for its networking chips, essential for connecting high-performance AI processors, and projects networking expenditures to rise from 20% to 25% of overall AI budgets.  The company’s innovative co-packaged optics technology enhances its appeal for future networking demands. Broadcom also powers tech giants like Apple (NASDAQ: AAPL), Alphabet Inc. (NASDAQ: GOOGL), and Amazon (NASDAQ: AMZN), delivering broadband, networking, and wireless solutions. Broadcom’s networking chips are already the backbone of AI infrastructure, and the company’s influence is only set to grow. Analysts are optimistic about Broadcom’s future, setting a price target of $199 over the next 12 months, implying an 11.26% upside. With a forward P/E ratio of 29.23, Broadcom trades at…

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Filed under: News - @ October 27, 2024 12:25 pm