$1,000 in Nvidia vs. $1,000 in Broadcom: Which AI Chip Bet Paid Off More?
The answer flips depending on when you would have bought. And the outcomes differ dramatically for three different time periods.
Overview
Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) have been the two biggest ways to bet on the artificial intelligence (AI) chip boom, and both have made long-term shareholders a great deal of money. But which one turned a $1,000 investment into more?
It depends entirely on when you would have put the money in.
Details
Go back five years, and Nvidia wins. As of this writing, $1,000 invested in Nvidia in mid-2021 would be worth about $10,100 today, with dividends reinvested. The same $1,000 in Broadcom would be worth about $9,100. Both are extraordinary outcomes, roughly 9 to 10 times your money.
Source
Originally published at www.fool.com.
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