This semiconductor and networking specialist is a force to be reckoned with in the artificial intelligence (AI) space.

Since the dawn of the artificial intelligence (AI) era, a number of players have been at the leading edge of the technology. Perhaps no company has exemplified the vast potential of AI more than Nvidia ( NVDA 3.91% ) . Since early 2023, the chipmaker's stock has surged more than 1,000% (as of this writing) as its graphics processing units (GPUs) have become the gold standard for facilitating the technology.

However, investors may be surprised to learn that Broadcom ( AVGO 10.07% ) has actually outperformed Nvidia over the past year, as its stock has soared 149% compared with 63% for Nvidia. Furthermore, several pronouncements by the company during its

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