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Markets · Investing · Business
Finance
Broadcom vs. Nvidia: 3 Key Metrics Point to the Stronger AI Chipmaker to Buy After Earnings
Both chipmakers recently reported strong earnings results.
Nvidia(NASDAQ: NVDA) and Broadcom, two of the largest chipmakers in the world, have now both reported earnings for their most recent quarters, which ended at the end of July for Nvidia, and in early August for Broadcom.
Both put up strong results as well. Nvidia's adjusted revenue grew 106% year over year, while diluted earnings per share (EPS) rocketed 120%. Meanwhile, Broadcom had adjusted net revenue growth of 86% and adjusted diluted EPS growth of 96%.
Details
Both companies also topped Wall Street average estimates as well.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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