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Nvidia (NVDA) vs. Broadcom (AVGO): Which AI Stock Is a Better Buy After the OpenAI Scare?
On October 8, the Financial Times reported that OpenAI’s annualized revenue was about $50 billion, roughly $20 billion below figures widely reported in September. AI stocks sold off. Nvidia Corporation (NASDAQ:NVDA) dropped about 3%, erasing roughly $170 billion in value, while Broadcom Inc. (NASDAQ:AVGO) fell more than 4%. Just hours later, Bloomberg reported that OpenAI […]
On October 8, the Financial Times reported that OpenAI’s annualized revenue was about $50 billion, roughly $20 billion below figures widely reported in September. AI stocks sold off. Nvidia Corporation (NASDAQ:NVDA) dropped about 3%, erasing roughly $170 billion in value, while Broadcom Inc. (NASDAQ:AVGO) fell more than 4%. Just hours later, Bloomberg reported that OpenAI […]
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