This semiconductor and networking specialist is a rising force in the artificial intelligence (AI) space.
The advent of artificial intelligence (AI) in late 2022 sparked a blistering run for a number of companies at the forefront of the technology, adding numerous new members to the trillion-dollar club . Among the most recognizable symbols of this trend are the so-called " Magnificent Seven " stocks.
Each of these companies is an industry leader in their respective field and at the forefront of AI technology. They've also been among the most consistent performers over the past couple of years.
However, investors may be surprised to learn that Broadcom ( AVGO -5.90% ) has actually outperformed every one of the Magnificent Seven stocks over the past year, as its stock has