Broadcom (NASDAQ:AVGO) Stock, Quote.Headers.trade-ideas

Broadcom

Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.

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Semiconductor stocks especially the ones linked to artificial intelligence technology led by Nvidia Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), Advanced Micro Devices, Inc (NASDAQ:

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Broadcom Inc

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$117.00</td>
<td>$51.5K</td>
<td>23.8K</td>
<td>125.2K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$230.00</td>
<td>$66.7K</td>
<td>74.0K</td>
<td>109.0K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$150.00</td>
<td>$37.9K</td>
<td>3.7K</td>
<td>20.8K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$435.00</td>
<td>$67.5K</td>
<td>10.1K</td>
<td>8.1K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$25.00</td>
<td>$34.2K</td>
<td>18.4K</td>
<td>5.8K</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$6.00</td>
<td>$409.3K</td>
<td>1.5K</td>
<td>3.1K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$168.00</td>
<td>$44.6K</td>
<td>4.0K</td>
<td>2.5K</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$10.00</td>
<td>$255.0K</td>
<td>20.8K</td>
<td>1.7K</td>
</tr>
<tr>
<td>CLS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$47.00</td>
<td>$35.2K</td>
<td>0</td>
<td>1.3K</td>
</tr>
<tr>
<td>DDOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$115.00</td>
<td>$56.0K</td>
<td>312</td>
<td>1.1K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 500 contract(s) at a $117.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $51.5K, with a price of $103.0 per contract. There were 23872 open contracts at this strike prior to today, and today 125275 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 445 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $66.7K, with a price of $150.0 per contract. There were 74087 open contracts at this strike prior to today, and today 109022 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with bullish sentiment. It expires in 7 day(s) on September 27, 2024. Parties traded 100 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $37.9K, with a price of $379.0 per contract. There were 3774 open contracts at this strike prior to today, and today 20855 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 300 contract(s) at a $435.00 strike. The total cost received by the writing party (or parties) was $67.5K, with a price of $225.0 per contract. There were 10147 open contracts at this strike prior to today, and today 8139 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option trade with bearish sentiment. It expires in 273 day(s) on June 20, 2025. Parties traded 147 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $34.2K, with a price of $233.0 per contract. There were 18438 open contracts at this strike prior to today, and today 5849 contract(s) were bought and sold. 
• For RIOT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), we notice a call option sweep that happens to be bullish, expiring in 28 day(s) on October 18, 2024. This event was a transfer of 2990 contract(s) at a $6.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $409.3K, with a price of $137.0 per contract. There were 1540 open contracts at this strike prior to today, and today 3153 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 251 contract(s) at a $168.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $44.6K, with a price of $178.0 per contract. There were 4042 open contracts at this strike prior to today, and today 2595 contract(s) were bought and sold. 
• For CORZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 1500 contract(s) at a $10.00 strike. This particular call needed to be split into 47 different trades to become filled. The total cost received by the writing party (or parties) was $255.0K, with a price of $170.0 per contract. There were 20805 open contracts at this strike prior to today, and today 1790 contract(s) were bought and sold. 
• Regarding CLS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLS#NYSE">CLS</a>), we observe a put option sweep with bearish sentiment. It expires in 14 day(s) on October 4, 2024. Parties traded 440 contract(s) at a $47.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $80.0 per contract. There were 0 open contracts at this strike prior to today, and today 1321 contract(s) were bought and sold. 
• For DDOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>), we notice a call option sweep that happens to be bullish, expiring in 56 day(s) on November 15, 2024. This event was a transfer of 70 contract(s) at a $115.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $56.0K, with a price of $800.0 per contract. There were 312 open contracts at this strike prior to today, and today 1125 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

Core Scientific, Inc. - Class A Common Stock

CORZ

DDOG

MSTR

RIOT

10 Information Technology Stocks Whale Activity In Today's Session

Hock E Tan, President and CEO at Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), executed a substantial insider sell on September 19, according to an SEC filing.
What Happened: Tan's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001730168/000173016824000101//Archives/edgar/data/1730168/000173016824000101/0001730168-24-000101-index.htm">U.S. Securities and Exchange Commission</a> on Thursday unveiled the sale of 50,000 shares of Broadcom. The total transaction value is $8,168,550.
Broadcom shares are trading up 0.7% at $168.59 at the time of this writing on Friday morning.
<h3>All You Need to Know About Broadcom</h3>
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
<h3>Broadcom: A Financial Overview</h3>
Revenue Growth: Over the 3 months period, Broadcom showcased positive performance, achieving a revenue growth rate of 47.27% as of 31 July, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 63.92%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Broadcom's EPS reflects a decline, falling below the industry average with a current EPS of -0.4.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.07, caution is advised due to increased financial risk.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 135.23 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 16.58, Broadcom's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Boasting an EV/EBITDA ratio of 38.46, Broadcom demonstrates a robust market valuation, outperforming industry benchmarks.
</li>
</ul>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
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<h3>Delving Into the Significance of Insider Transactions</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001730168">Check Out The Full List Of Broadcom's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Broadcom Insider Trades Send A Signal

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$120.00</td>
<td>$26.1K</td>
<td>161.7K</td>
<td>187.7K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$21.00</td>
<td>$30.8K</td>
<td>104.0K</td>
<td>89.1K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$227.50</td>
<td>$60.0K</td>
<td>25.7K</td>
<td>59.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$157.50</td>
<td>$27.2K</td>
<td>2.0K</td>
<td>20.4K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$150.00</td>
<td>$63.2K</td>
<td>39.4K</td>
<td>18.9K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$170.00</td>
<td>$31.6K</td>
<td>13.7K</td>
<td>12.6K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$455.00</td>
<td>$32.7K</td>
<td>5.5K</td>
<td>10.5K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$262.50</td>
<td>$50.0K</td>
<td>5.1K</td>
<td>5.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$440.00</td>
<td>$45.6K</td>
<td>1.7K</td>
<td>4.8K</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$250.00</td>
<td>$169.4K</td>
<td>48.5K</td>
<td>2.4K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 238 contract(s) at a $120.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $110.0 per contract. There were 161784 open contracts at this strike prior to today, and today 187734 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 641 contract(s) at a $21.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $48.0 per contract. There were 104002 open contracts at this strike prior to today, and today 89110 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 216 contract(s) at a $227.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $278.0 per contract. There were 25714 open contracts at this strike prior to today, and today 59016 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a put option trade with bearish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $157.50 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $136.0 per contract. There were 2000 open contracts at this strike prior to today, and today 20478 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 372 contract(s) at a $150.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $63.2K, with a price of $170.0 per contract. There were 39439 open contracts at this strike prior to today, and today 18984 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 211 contract(s) at a $170.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $150.0 per contract. There were 13715 open contracts at this strike prior to today, and today 12663 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 84 contract(s) at a $455.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $390.0 per contract. There were 5584 open contracts at this strike prior to today, and today 10547 contract(s) were bought and sold. 
• For CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 78 contract(s) at a $262.50 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $618.0 per contract. There were 5172 open contracts at this strike prior to today, and today 5903 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 60 contract(s) at a $440.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.6K, with a price of $760.0 per contract. There were 1759 open contracts at this strike prior to today, and today 4870 contract(s) were bought and sold. 
• Regarding IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), we observe a call option sweep with bullish sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 892 contract(s) at a $250.00 strike. This particular call needed to be split into 70 different trades to become filled. The total cost received by the writing party (or parties) was $169.4K, with a price of $190.0 per contract. There were 48567 open contracts at this strike prior to today, and today 2417 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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ENTG

FORM

KLAC

LRCX

MCHP

MPWR

MRVL

NXPI

OLED

QCOM

Shares of semiconductor and chip stocks are trading higher following Wednesday's rate cut, which has lifted growth stocks and rate-sensitive sectors such as tech.

Semiconductor stocks especially the ones linked to artificial intelligence technology led by Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) picked up after the U.S. Federal Reserve cut <a target="_blank" href="https://in.benzinga.com/markets/equities/24/09/40932103/it-stocks-on-the-rise-after-u-s-fed-cuts-interest-rate" rel="noreferrer noopener">benchmark interest rate</a> to spur growth.
The U.S. Federal Reserve decided to cut its benchmark interest rate by 50 basis points in a first since 2020, setting the interest rate at 4.75% and 5%. The cut is expected to boost discretionary spending by the companies.
The rate cut will be a welcome move, as semiconductor companies have invested heavily in Big Tech (including Microsoft Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>), Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Google parent Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)) spending on their artificial intelligence ambitions, which entail substantial capital expenditures.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40926422/super-micro-poised-for-expansion-as-gross-margin-concerns-ease-internal-control-risks-priced-in-anal" rel="noreferrer noopener">Super Micro Poised for Expansion as Gross Margin Concerns Ease, Internal Control Risks Priced In: Analyst</a>
The semiconductor companies are also under pressure due to the U.S. sanctions on China, a crucial market. Therefore, U.S. investors and the semiconductor chiefs closely watch the agenda of the next President, expecting a softer stance on China.
As per <a target="_blank" href="https://www.benzinga.com/news/24/09/40790177/harris-vs-trump-us-stocks-face-growing-risks-amid-economic-uncertainty-and-upcoming-presidential-ele" rel="noreferrer noopener">a CNBC survey</a>, Republican candidate Donald Trump appeared to be an investor favorite as the S&amp;P 500 and Nasdaq noted significant upside during Trump's tenure as President.
However, the current Biden administration has started doling out semiconductor grants to the companies to consolidate its position.
Contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), a crucial AI chip supplier for U.S. semiconductor companies, remains hugely invested in <a target="_blank" href="https://www.benzinga.com/news/24/09/40928754/what-has-taiwan-semiconductor-stock-done-since-nvidia-earnings" rel="noreferrer noopener">its Arizona fab construction</a> to produce AI chips after bagging U.S. chip subsidies. It recently secured two smartphone chip deals from Google and Apple.
Price Actions: NVDA stock is up 3.16% at $116.95 premarket at last check Thursday. AMD is up 3.74% at $153.84, AVGO is up 3.45% at $167.25, SMCI is up 3.00% at $450.00, TSM is up 2.80% at $171.97, INTC is up 2.31% at $21.25, ARM is up 3.78% at $143.59.
Photo via Shutterstock

What's Going On With AI Related Stocks Nvidia, AMD, Broadcom And Super Micro On Thursday?

Amid the Federal Reserve&#8217;s recent decision to cut interest rates, CNBC&#8217;s Jim Cramer has weighed in on how these changes might affect the technology sector.
What Happened: Cramer discussed the Federal Reserve&#8217;s recent interest rate cuts and their implications for the technology sector on Wednesday. He believes these cuts do not significantly benefit tech stocks.
According to <a href="https://www.cnbc.com/2024/09/18/cramer-explains-what-the-feds-rate-cuts-mean-for-tech-stocks.html">CNBC</a> on Thursday, Cramer stated, &#8220;With a double-sized rate cut that everybody already expected, you aren&#8217;t going to see a huge run in tech.&#8221; 
He emphasized that the Fed&#8217;s actions are more beneficial to companies reliant on a healthy consumer base.
The Federal Reserve initiated its rate-cutting cycle by reducing rates by half a point and signaled an additional 50 basis points cut by year-end. This marks the first rate cut since the pandemic, aimed at addressing inflation and balancing economic risks.
Cramer highlighted his observations from Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>)&#8217;s annual conference in San Francisco, noting that tech companies, particularly those focused on AI, are less impacted by rate cuts. These companies cater to enterprises rather than consumers, distancing them from the labor market.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40919168/ethereum-co-founder-says-donald-trump-is-certainly-the-favorite-over-kamala-harris-for-cry?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Ethereum Co-Founder Says Donald Trump Is &#8216;Certainly The Favorite&#8217; Over Kamala Harris For Crypto</a>
He suggested that consumer-oriented companies might benefit more during this rate-cutting cycle. Despite potential gains for tech stocks, Cramer noted that Wall Street often shifts focus to companies that thrive with lower rates.
Cramer concluded, &#8220;On days like today, we want the companies that desperately needed a rate cut, because they just got what they wished for. But tech? It got out of the wish game a very long time ago.&#8221;
Why It Matters: The Federal Reserve&#8217;s decision to cut interest rates by 50 basis points marks a significant shift in monetary policy, breaking a streak of 12 consecutive months with rates held steady. This move aims to <a href="https://www.benzinga.com/news/earnings/24/09/40932557/dow-tumbles-over-100-points-following-feds-rate-decision-fear-greed-index-in-greed-zone">address inflation and balance</a> economic risks. The rate cut has already impacted market sentiment, with the CNN Money Fear and Greed index showing improvement, moving into the &#8220;Greed&#8221; zone.
Price Action: Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks tech players like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and others, was trading 1.67% higher during the pre-market at $479.33 while it closed at $471.44, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>.
Read Next: 
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Image via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

Jim Cramer Predicts No 'Huge Run' For Tech Stocks After Federal Reserve Cuts Rate: 'It Got Out Of The Wish Game A Very Long Time Ago'

Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) stock lost 4% in the last 30 days. Last month saw volatility as Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) released its quarterly print and more.
The VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>), representing the semiconductor industry, have lost ~7% in the last 30 days. Now, let&#8217;s run down the events for Taiwan Semiconductor since Nvidia released its quarterly print.
On August 28, Nvidia reported <a target="_blank" href="https://www.benzinga.com/trading-ideas/24/08/40652614/nvidia-shatters-revenue-records-with-a-staggering-30-billion-quarter-yet-sees-stock-prices-slide-se" rel="noreferrer noopener">second-quarter topline</a> growth of 122% to $30.04 billion, quashing the&nbsp;analyst consensus of $28.68 billion.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18135430/newplot-14.png" alt="" class="wp-image-554700" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18135430/newplot-14.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18135430/newplot-14-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday" rel="noreferrer noopener">Intel Looks To Restructure Foundry Business, Bags Major US Deal and Government Grants</a>
The company projected third-quarter revenue of $31.85 billion—$33.15 billion, versus the consensus of $31.77 billion.
Still, the stock dropped by <a target="_blank" href="https://www.benzinga.com/news/earnings/24/08/40614118/nvidia-leads-semiconductor-stocks-lower-following-q2-earnings-what-investors-need-to-know" rel="noreferrer noopener">6% in after-hours trading</a>, sending semiconductor stocks, including Taiwan Semiconductor, Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), and Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), down as the print failed to impress the Street.
The semiconductor sector selloff <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40684198/nvidia-tsmc-lead-chip-stocks-lower-in-premarket-whats-going-on" rel="noreferrer noopener">continued in September</a>, with U.S.-China geopolitical tensions intensifying due to the Western counterpart&#8217;s artificial intelligence technology embargo on the Asian counterpart.
Meanwhile, Taiwan Semiconductor remained invested in solidifying its moat by <a target="_blank" href="https://www.benzinga.com/news/24/09/40686890/apple-nvidia-key-supplier-tsmc-leads-taiwanese-chip-giants-to-localize-neon-gas-production-by-2025" rel="noreferrer noopener">localizing neon gas production</a>, a key chipmaking material disrupted by the Ukraine war, and fast-tracking the development of silicon photonics to address the energy and data transmission speeds <a target="_blank" href="https://www.benzinga.com/news/24/09/40687807/whats-going-on-with-taiwan-semiconductor-stock-on-tuesday" rel="noreferrer noopener">needed by AI computing</a>.
Taiwan Semiconductor <a target="_blank" href="https://www.benzinga.com/news/24/09/40711613/taiwan-semiconductor-bets-on-ai-growth-surge-samsung-joins-ai-optimism-in-trade-show" rel="noreferrer noopener">projected a 50%</a> growth in AI accelerators at the Semicon Taiwan industry forum in Taipei despite concerns over the sustainability of the AI frenzy, which is sending jitters across the market. Broadcom Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) quarterly print and guidance did little to contain <a target="_blank" href="https://www.benzinga.com/news/24/09/40754938/semiconductor-etfs-take-a-beating-dragged-lower-by-nvidia-amd-and-broadcom-stocks" rel="noreferrer noopener">the semiconductor selloff</a>.
On the brighter side, reports indicated that the contract chipmaker&#8217;s production yield at the Arizona facility is at par with<a target="_blank" href="https://www.benzinga.com/government/24/09/40773084/taiwan-semiconductors-us-plant-matches-taiwan-production-yields-stock-gains" rel="noreferrer noopener"> its Taiwan facilities</a>.
Taiwan Semiconductor reported <a target="_blank" href="https://www.benzinga.com/news/24/09/40790997/taiwan-semiconductors-strong-august-sales-hint-at-big-gains-ahead-ai-and-iphone-demand-fuel-optimism" rel="noreferrer noopener">33% topline growth</a> in&nbsp;August 2024, testimony to the smartphone market recovery and continued demand for&nbsp;Nvidia AI chips. Analysts expect third-quarter revenue growth of 37%.
Some of Taiwan Semiconductors key September wins included a Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google smartphone deal&nbsp;involving <a target="_blank" href="https://www.benzinga.com/news/24/09/40833611/google-picks-taiwan-semiconductor-for-pixel-chips-samsung-loses-key-deal-report" rel="noreferrer noopener">Pixel 10 and Pixel 11 chips</a> and Apple Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) A16 chip at <a target="_blank" href="https://www.benzinga.com/news/24/09/40920976/taiwan-semiconductor-begins-production-of-apple-a16-smartphone-chips-at-arizona-facility-report" rel="noreferrer noopener">its Arizona Fab</a>.
Taiwan Semiconductor is up over 90% in the last 12 months as it led the&nbsp;global foundry market, commanding a 62% share in the <a target="_blank" href="https://www.benzinga.com/news/24/09/40711613/taiwan-semiconductor-bets-on-ai-growth-surge-samsung-joins-ai-optimism-in-trade-show" rel="noreferrer noopener">second quarter of 2024</a>.
Price Action: TSM stock closed at $167.28 on Wednesday.
Image via Shutterstock

William Blair analyst Sebastien Naji initiates coverage on Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) with a Outperform rating.

Initiation

Analyst Ratings

William Blair Initiates Coverage On Broadcom with Outperform Rating

In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) in comparison to its major competitors within the Semiconductors &amp; Semiconductor Equipment industry. By analyzing crucial financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in the industry.
<h3>Broadcom Background</h3>
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Broadcom Inc</td>
<td>131.24</td>
<td>11.56</td>
<td>16.09</td>
<td>-2.77%</td>
<td>$6.39</td>
<td>$8.36</td>
<td>47.27%</td>
</tr>
<tr>
<td>NVIDIA Corp</td>
<td>54.19</td>
<td>48.75</td>
<td>29.89</td>
<td>30.94%</td>
<td>$19.71</td>
<td>$22.57</td>
<td>122.4%</td>
</tr>
<tr>
<td>Taiwan Semiconductor Manufacturing Co Ltd</td>
<td>29.63</td>
<td>7.32</td>
<td>11.38</td>
<td>6.67%</td>
<td>$474.12</td>
<td>$358.12</td>
<td>40.07%</td>
</tr>
<tr>
<td>Advanced Micro Devices Inc</td>
<td>179.55</td>
<td>4.32</td>
<td>10.61</td>
<td>0.47%</td>
<td>$1.12</td>
<td>$2.86</td>
<td>8.88%</td>
</tr>
<tr>
<td>Qualcomm Inc</td>
<td>21.57</td>
<td>7.62</td>
<td>5.10</td>
<td>8.67%</td>
<td>$2.87</td>
<td>$5.22</td>
<td>11.15%</td>
</tr>
<tr>
<td>Texas Instruments Inc</td>
<td>34.90</td>
<td>10.68</td>
<td>11.48</td>
<td>6.59%</td>
<td>$1.76</td>
<td>$2.21</td>
<td>-15.65%</td>
</tr>
<tr>
<td>ARM Holdings PLC</td>
<td>338.23</td>
<td>25.32</td>
<td>41.01</td>
<td>4.07%</td>
<td>$0.23</td>
<td>$0.91</td>
<td>39.11%</td>
</tr>
<tr>
<td>Analog Devices Inc</td>
<td>67.88</td>
<td>3.18</td>
<td>11.60</td>
<td>1.11%</td>
<td>$1.04</td>
<td>$1.31</td>
<td>-24.84%</td>
</tr>
<tr>
<td>Intel Corp</td>
<td>89.46</td>
<td>0.80</td>
<td>1.66</td>
<td>-1.46%</td>
<td>$0.86</td>
<td>$4.55</td>
<td>-0.9%</td>
</tr>
<tr>
<td>Monolithic Power Systems Inc</td>
<td>103.25</td>
<td>19.26</td>
<td>22.38</td>
<td>4.66%</td>
<td>$0.13</td>
<td>$0.28</td>
<td>15.03%</td>
</tr>
<tr>
<td>Microchip Technology Inc</td>
<td>30.68</td>
<td>6.45</td>
<td>6.38</td>
<td>1.98%</td>
<td>$0.41</td>
<td>$0.74</td>
<td>-45.76%</td>
</tr>
<tr>
<td>ON Semiconductor Corp</td>
<td>16.27</td>
<td>3.67</td>
<td>4.03</td>
<td>4.11%</td>
<td>$0.58</td>
<td>$0.78</td>
<td>-17.15%</td>
</tr>
<tr>
<td>First Solar Inc</td>
<td>21.43</td>
<td>3.54</td>
<td>6.85</td>
<td>4.94%</td>
<td>$0.48</td>
<td>$0.5</td>
<td>24.65%</td>
</tr>
<tr>
<td>STMicroelectronics NV</td>
<td>7.43</td>
<td>1.43</td>
<td>1.73</td>
<td>3.51%</td>
<td>$1.31</td>
<td>$1.15</td>
<td>-25.29%</td>
</tr>
<tr>
<td>GLOBALFOUNDRIES Inc</td>
<td>26.79</td>
<td>1.92</td>
<td>3.16</td>
<td>1.38%</td>
<td>$0.56</td>
<td>$0.4</td>
<td>-11.54%</td>
</tr>
<tr>
<td>United Microelectronics Corp</td>
<td>12.80</td>
<td>1.90</td>
<td>2.99</td>
<td>3.76%</td>
<td>$27.9</td>
<td>$19.98</td>
<td>0.89%</td>
</tr>
<tr>
<td>ASE Technology Holding Co Ltd</td>
<td>19.54</td>
<td>2.23</td>
<td>1.16</td>
<td>2.62%</td>
<td>$26.08</td>
<td>$23.07</td>
<td>2.91%</td>
</tr>
<tr>
<td>Skyworks Solutions Inc</td>
<td>19.99</td>
<td>2.44</td>
<td>3.57</td>
<td>1.9%</td>
<td>$0.25</td>
<td>$0.36</td>
<td>-15.47%</td>
</tr>
<tr>
<td>Universal Display Corp</td>
<td>43.92</td>
<td>6.36</td>
<td>15.65</td>
<td>3.47%</td>
<td>$0.07</td>
<td>$0.12</td>
<td>8.15%</td>
</tr>
<tr>
<td>MACOM Technology Solutions Holdings Inc</td>
<td>102.57</td>
<td>6.78</td>
<td>10.90</td>
<td>1.88%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>28.25%</td>
</tr>
<tr>
<td>Lattice Semiconductor Corp</td>
<td>37.66</td>
<td>10.10</td>
<td>11.35</td>
<td>3.28%</td>
<td>$0.04</td>
<td>$0.08</td>
<td>-34.72%</td>
</tr>
<tr>
<td>Cirrus Logic Inc</td>
<td>23.01</td>
<td>3.58</td>
<td>3.74</td>
<td>2.3%</td>
<td>$0.07</td>
<td>$0.19</td>
<td>17.98%</td>
</tr>
<tr>
<td>Average</td>
<td>60.99</td>
<td>8.46</td>
<td>10.32</td>
<td>4.61%</td>
<td>$26.65</td>
<td>$21.21</td>
<td>6.1%</td>
</tr>
</tbody>
</table>
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 </style>When conducting a detailed analysis of Broadcom, the following trends become clear: 
<ul>
<li>
The current Price to Earnings ratio of 131.24 is 2.15x higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
It could be trading at a premium in relation to its book value, as indicated by its Price to Book ratio of 11.56 which exceeds the industry average by 1.37x.
</li>
<li>
The stock's relatively high Price to Sales ratio of 16.09, surpassing the industry average by 1.56x, may indicate an aspect of overvaluation in terms of sales performance.
</li>
<li>
The company has a lower Return on Equity (ROE) of -2.77%, which is 7.38% below the industry average. This indicates potential inefficiency in utilizing equity to generate profits, which could be attributed to various factors.
</li>
<li>
With lower Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $6.39 Billion, which is 0.24x below the industry average, the company may face lower profitability or financial challenges.
</li>
<li>
With lower gross profit of $8.36 Billion, which indicates 0.39x below the industry average, the company may experience lower revenue after accounting for production costs.
</li>
<li>
The company's revenue growth of 47.27% exceeds the industry average of 6.1%, indicating strong sales performance and market outperformance.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726671612_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio helps evaluate the capital structure and financial leverage of a company.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
When examining Broadcom in comparison to its top 4 peers with respect to the Debt-to-Equity ratio, the following information becomes apparent:
<ul>
<li>
Broadcom has a higher debt-to-equity ratio of 1.07 compared to its top 4 peers.
</li>
<li>
This indicates a higher level of financial risk as the company relies more heavily on borrowed funds. Investors may perceive this as a potential concern.
</li>
</ul>
<h3>Key Takeaways</h3>
For Broadcom, the PE, PB, and PS ratios are all high compared to industry peers, indicating overvaluation. The low ROE, EBITDA, and gross profit suggest lower profitability levels for Broadcom relative to its competitors. However, the high revenue growth rate may present an opportunity for potential growth in the future.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market Analysis: Broadcom And Competitors In Semiconductors &amp; Semiconductor Equipment Industry

Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) has outperformed the market over the past 15 years by 23.46% on an annualized basis producing an average annual return of 35.31%. Currently, Broadcom has a market capitalization of $759.91 billion. 
Buying $100 In AVGO: If an investor had bought $100 of AVGO stock 15 years ago, it would be worth $9,384.48 today based on a price of $163.25 for AVGO at the time of writing.
<h3>Broadcom's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726668088_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 15 Years Ago Would Be Worth $9,400 Today

A possible strike by thousands of dockworkers at <a href="https://www.benzinga.com/government/24/09/40713418/retailers-plea-for-deal-us-ports-union-start-two-day-talk-in-effort-to-prevent-disruptive-strike">East and Gulf coast ports</a> in October could result in major disruptions in the supply chain of goods coming in and out of the U.S., according to an export on container trade.
The International Longshoremen's Association (ILA), representing more than 85,000 dockworkers, may go on strike on Oct. 1 as the union&#8217;s contract expires on Sept. 30 and negotiations between the ILA and U.S. Maritime Alliance of terminal operators show signs of breaking down, said Christian Roeloffs, CEO of online container leasing platform Container xChange.
&#8220;A strike now appears increasingly likely, threatening to disrupt nearly half of the nation&#8217;s ocean trade,&#8221; he said on Tuesday.
&#8220;The uncertainty is compounded by the fact that the duration of these strikes is unclear — it could be resolved within weeks or drag on for months, as seen with the West Coast strike last year.
&#8220;September is traditionally one of the busiest months for U.S. containerized imports, driven by the peak shipping season as businesses prepare for the holiday rush.&#8221;
Read Also: <a href="https://www.benzinga.com/news/global/24/08/40451543/transatlantic-container-shipping-volumes-rise-as-possible-strike-at-u-s-ports-hovers">Transatlantic Container Shipping Volumes Rise As Possible Strike At U.S. Ports Hovers</a>
But it isn&#8217;t just a strike that threatens to disrupt the shipment of goods for the retail, automotive and other sectors, he said.
&#8220;This year presents an unprecedented combination of challenges that could heavily impact supply chains. Potential labor strikes, natural disasters, and tariff uncertainties are converging, creating a highly volatile environment for global trade,&#8221; he said. 
&#8220;This also led to the pulling forward of orders by retailers, which led to strong inventories in the U.S.&#8221;
A strike could also cause havoc for container leasing and trading companies by causing major delays, port congestion and rerouted cargo, Roeloffs said.
"Companies should anticipate short-term spikes in demand for leased containers as retailers rush to secure goods ahead of potential disruptions, particularly for seasonal inventory and industrial shipments," he said.
&#8220;While the threat of strikes looms large, it's important to note that U.S. inventories are currently strong due to the pulling forward of orders earlier this year to avoid existing disruptions. 
The retail, automotive and semiconductor industries, all of which could be impacted by a port strike, saw gains and losses into Tuesday&#8217;s mid-day trading.
<h1 class="wp-block-heading">Retail</h1>
<ul>
<li>Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) fell 1.18% to $79.61</li>
<li>Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) slipped 0.26% to $152.45</li>
<li>Home Depot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) gained 0.89% to $385.42</li>
</ul>
<h1 class="wp-block-heading">Automotive</h1>
<ul>
<li>Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) gained 1.30% to $10.94</li>
<li>General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) picked up 1.59% to $47.62</li>
<li>Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) slipped 0.18% to $15.16</li>
</ul>
<h1 class="wp-block-heading">Semiconductor</h1>
<ul>
<li>Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) fell 0.43% to $168.35</li>
<li>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) declined 0.87% to $162.59</li>
<li>Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) rose 1.13% to $68.50</li>
</ul>
<h1 class="wp-block-heading">Indexes that follow the retail and automotive sectors trended upward</h1>
<ul>
<li>Dow Jones Transportation Average, which is tracked by the iShares Transportation Average ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYT#BATS">IYT</a>), rose 1.2% to 16,032.91 points</li>
<li>S&amp;P Retail Select Industry Index, which is tracked by the SPDR S&amp;P Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XRT#NYSE">XRT</a>), gained 1.4% to 10,375.45 points</li>
<li>S&amp;P 500 Automobiles &amp; Components Index&nbsp;rose 2.7% to 130.02 points. There is no exchanmge-traded fund that closely follows this index, but First Trust S-Network Future Vehicles &amp; Tech ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARZ#NASDAQ">CARZ</a>) provides broad exposure to global automobile manufacturers and related companies, including those in the S&amp;P 500 Automobiles &amp; Components Index.</li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/news/global/24/08/40497103/strikes-at-us-ports-canadas-railways-may-cause-container-freight-rate-volatility">Strikes At US Ports, Canada&#8217;s Railways May Cause Container Freight Rate Volatility</a></li>
</ul>
Photo: Shutterstock

ETFs

CARZ

iShares Dow Jones Transportation Average Index Fund

STLA

US Port Strike In October Could Lead To Major Supply-Chain Disruptions, Says Container Trade Expert

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) shares climbed in early trading on Tuesday, after the company reported <a href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday">a multi-billion-dollar deal with Amazon.com Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) cloud unit and received a U.S. semiconductor grant</a>.
Here are some key analyst takeaways.
<h1 class="wp-block-heading">BofA Securities On Intel</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58a5e02943eaaa00018d9399/vivek-arya">Analyst Vivek Arya</a> reiterated an Underperform rating and price target of $21.
Intel announced a collaboration with Amazon Web Services (AWS) on a custom AI fabric chip and custom Xeon server CPU chip, as well as a funding of $3 billion for government chips, Arya said in a note.
"AWS win sounds impressive but INTC has already been supplying AWS with CPU for a long time so customization isn&#8217;t exactly something new, while the AI fabric (networking) win on 18A will probably matter only from CY26," said Arya.
While the company competes against tough Ethernet switch incumbency from companies like Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), the analyst wrote. Intel's future as "a leading-edge manufacturing entity" depends on its ability to execute on the next-gen 18A manufacturing node,&#8221; he added.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
<h1 class="wp-block-heading">Northland Capital Markets On Intel</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5aaff270b023000001cb8da0/gus-richard">Analyst Gus Richard</a> maintained an Outperform rating and price target of $42.
Intel struck a deal worth $3.5 billion to make chips for the US military, of which it was awarded up to $3 billion for Secure Enclave, Richard said. Intel is the only alternative to Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) that the U.S. military has for advanced logic chips, as the Department of Defense requires the chips to be manufactured on US soil, he added.
"AWS and Intel announced a co-investment in custom chip designs under a multi-year, multi-billion-dollar framework covering products and wafers from Intel," the analyst wrote. The U.S. government could continue providing more funding to the company, he further stated.
<h1 class="wp-block-heading">KeyBanc Capital Markets On Intel</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/585beadcb5a482000151d188/john-vinh">Analyst John Vinh</a> reaffirmed a Sector Weight rating on the stock.
Apart from the government funding and AWS deal, Intel announced several updates on its $10 billion cost savings plan, Vinh said. The updates indicated the company will be "more than halfway through the 15K employee RIF target by year-end and will reduce/exit two-thirds of its real estate globally by year-end," he added.
"We&#8217;re very encouraged by these announcements and credit INTC management for being proactive regarding the initiatives that it controls, which is namely cost," the analyst wrote. Intel said it intends to make IFS an independent subsidiary, which is a good decision, he further stated.
INTC Price Action: Shares of Intel had risen by 6.12% to $22.19 at the time of publication on Tuesday.
Read More: • <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40900300/intels-slow-burn-strategy-foundry-revenues-not-till-2027-analyst-predicts-spin-off-">Intel&#8217;s Slow-Burn Strategy: Foundry Revenues &#8216;Not Till 2027,&#8217; Analyst Predicts Spin-Off Ahead</a>
Photo: Tada Images/Shutterstock.com

Reiteration

Intel Stock Rises On Multibillion Dollar AWS Deal, US Chip Grant Boost: What Do Analysts Think?

Chipmaker Broadcom Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) shares, which began to rally at the start of 2023, have been going through a consolidation phase since topping out in late June. The stock has found itself a fan in CNBC Mad Money host<a href="https://www.benzinga.com/topic/jim-cramer"> Jim Cramer.</a>
What Happened: Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, has bought Broadcom shares, said Cramer in a post on X on Monday. More than the disclosure about Link&#8217;s Broadcom buy, what caught the attention of social media users was Cramer&#8217;s comment about his disposition toward the stock. Broadcom, he said, is &#8220;a stock I like very much&#8230;.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">My great friend <a href="https://twitter.com/Stephanie_Link?ref_src=twsrc%5Etfw">@Stephanie_Link</a> is buying Broadcom here, a stock i like very much&#8230;.
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1835624445098287148?ref_src=twsrc%5Etfw">September 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Some social media users poked fun at Cramer by reminding him about the negative psychology he has on stocks. &#8220;It&#8217;s up $30 (21%) or so in 5 days after a dip and it&#8217;s near all-time highs, then Jim endorses it&#8230;,&#8221; one of his followers said.
See Also: <a href="https://www.benzinga.com/money/best-artificial-intelligence-stocks">Best AI Stocks</a>
Broadcom Living Up To Hype? Broadcom, which was largely flying under the radar once, has now risen to prominence with its artificial intelligence foray. The company is now the 11th most-valued global corporation, boasting a market capitalization of a little over $766 billion. Incidentally, it has the highest market cap among techs outside of the Magnificent Seven, minus Tesla, and TSMC.
This semiconductor and infrastructure software products manufacturer recently reported third-quarter results that thumped Street estimates, thanks to strong AI revenue and solid performance of its VMware business. The San Jose, California-based company also raised its AI revenue guidance for the fourth quarter and the full year. Despite the results ticking most boxes, the slightly light fourth-quarter guidance sent the stock tanking a little over 10% immediately after the results.
Since then the stock has come back up, thanks to its nearly 20% rise from its post-earnings low. 
Yet, the stock trades at a reasonable forward price/earnings multiple of 26.81 compared to Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) 41/49. 
Incidentally, Rep. Nancy Pelosi (D-Calif), who is known for her investments,<a href="https://www.benzinga.com/markets/equities/24/09/40681461/nancy-pelosis-stock-pick-broadcom-poised-for-breakout-after-recent-consolidation-she-never-loses"> bought 20 Broadcom call options on June 24, </a>with a strike price of $800 and an expiration date of June 20, 2025. The purchase was made after the company reported its second-quarter results on June 12 and announced a 10-for-1 stock split. The stock began trading on a split-adjusted basis on July 15. The congresswoman's call options now have a strike price of $80, giving effect to the split.
The average analysts&#8217; price target for Broadcom is $198.66, according to TipRanks, with the 12-month price target pointing to over 21% upside from current levels.
In premarket trading on Tuesday, the stock gained 0.90% to $165.50, according to<a href="https://benzinga.grsm.io/register174"> Benzinga Pro data.</a> It has risen 48% so far this year.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/technicals/24/09/40879461/semiconductor-smackdown-broadcom-vs-micron-vs-marvell#:~:text=The%20Verdict,strength%20and%20risk%2Dadjusted%20performance.">Semiconductor Smackdown: Broadcom Vs. Micron Vs. Marvell</a></li>
</ul>
Image Via Shutterstock

Equities

Long Ideas

Jim Cramer Says He Likes This Nancy Pelosi Portfolio Stock 'Very Much:' And This AI Play Is Reasonably Valued Than High-Flier Nvidia

The semiconductor and data center sectors are fast-paced and volatile, with companies like NVIDIA&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>)&nbsp;and Advanced Micro Devices (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amd#NASDAQ">AMD</a>) leading the way. However, a giant is quietly revolutionizing the sector and becoming a force to be reckoned with in the artificial intelligence (AI) revolution. While many may overlook this diversified technology company, Broadcom Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avgo#NASDAQ">AVGO</a>) is growing its AI capabilities and making strategic investments that generate positive investor sentiment.
<h2>A Multifaceted Technological Powerhouse</h2>
Broadcom is a technology company with a vast portfolio spanning 26 divisions, offering a diverse range of semiconductor and infrastructure software solutions. Its offerings include network connectivity chips for data centers, server storage, broadband and wireless products, cybersecurity, and cloud computing solutions. This broad reach gives Broadcom a distinct advantage, enabling it to capitalize on emerging trends across multiple technology sub-sectors.
The semiconductor industry is experiencing rapid growth, driven by the rise of AI. Companies like NVIDIA and AMD have emerged as industry leaders, attracting significant investment and attention. However, Broadcom offers a more stable and less volatile approach with its diversified portfolio. It provides a more balanced investment opportunity that is less dependent on the volatile swings of a single market.
<h2>Broadcom&#39;s AI Strategy: A Quiet Revolution</h2>
Broadcom&#39;s strategy has been to invest steadily in AI chips and data center infrastructure. This includes developing high-performance networking chips and storage solutions specifically designed to support the demands of AI workloads. This strategic focus is crucial for the company&#39;s future growth as the need for advanced chips and infrastructure to power AI applications continues to increase.
A key milestone in Broadcom&#39;s AI strategy was its November 2023 acquisition of VMware, a leading cloud architecture software company. This acquisition significantly bolstered Broadcom&#39;s AI software and cloud infrastructure position, giving it a more comprehensive and integrated offering.
VMware&#39;s expertise in system virtualization and cloud management perfectly complements Broadcom&#39;s hardware capabilities, enabling the company to offer end-to-end solutions for data centers, cloud computing, virtual systems, servers, and AI deployments.
The integration of VMware into Broadcom&#39;s operations has been a complex process that has presented challenges and opportunities. However, the company has shown confidence that the acquisition will drive significant growth and enhance its competitiveness in the AI market.
<h2>The Latest Earnings Report: A Glimpse Into Growth</h2>
Broadcom&#39;s earnings report for the third quarter of fiscal year 2024 provided valuable insights into the company&#39;s performance and effectiveness in its AI strategy. The company reported impressive revenue growth of 47% year over year, reaching $13.1 billion.
While this growth is impressive, it&#39;s important to note that a significant portion is attributed to VMware&#39;s acquisition, strengthening the infrastructure software segment. Excluding VMware, Broadcom&#39;s organic revenue growth was only 4% year-over-year. This suggests that the company&#39;s core business, specifically its semiconductor solutions segment, is not yet seeing the same level of growth as its AI-focused peers.
However, it is crucial to remember that Broadcom&#39;s semiconductor solutions segment, primarily focused on non-AI applications, is starting to show signs of stabilization. Broadcom&#39;s CEO, Hock Tan, has stated that &quot;non-AI semiconductor revenue has stabilized&quot; and that the company is &quot;expecting a recovery&quot; in the coming quarters. The executive&#39;s comments suggest Broadcom&#39;s non-AI businesses are at a turning point and potentially ready to drive future growth.
In addition to revenue, Broadcom reported adjusted EBITDA of $8.223 billion for the quarter, representing 63% of revenue, a notable increase of 42% year-over-year. This demonstrates the company&#39;s continued focus on profitability and its ability to generate cash flow. The company also highlighted that adjusted EBITDA for the upcoming quarter is expected to reach approximately 64% of projected revenue.
The strong adjusted EBITDA performance is another positive sign for investors. It suggests that Broadcom is managing its costs effectively and generating significant cash flow despite the ongoing transition in its core business and the integration of VMware.
Broadcom&#39;s financial performance and its AI strategy are closely intertwined. During the earnings call, Tan also said that revenue from AI products will drive $12 billion in annual sales this year, up from the prior company estimate of $11 billion. The company&#39;s commitment to AI is evident in its focus on developing and deploying advanced chips and solutions for data centers and other critical applications.
<h2>Analyst Recommendations and the Investment Outlook</h2>
Broadcom&#39;s analyst community is generally optimistic about the company&#39;s future. The average price target for Broadcom stock is $189.23, representing a potential upside of 29.37% from the current price. Of 25 analysts covering the stock, 24 recommend buying it, while one recommends holding it. This &quot;Moderate Buy&quot; consensus rating indicates a generally positive market sentiment toward Broadcom.
<h2>A Final Thought: Broadcom&#39;s AI Powerhouse Emerges</h2>
Broadcom&#39;s AI revolution is quietly unfolding. While its current growth relies heavily on VMware, the company is strategically positioning itself as a dominant player in the AI space. Its non-AI businesses show signs of recovery, and AI drives strong revenue growth. The company&#39;s valuation relative to its peers, its commitment to AI, and the positive outlook from analysts make Broadcom an intriguing investment opportunity for investors with a long-term time horizon.
As Broadcom continues developing its AI capabilities and integrating VMware into its operations, investors might benefit from its quiet transformation into an AI powerhouse. Broadcom&#39;s journey to becoming a leader in AI is far from over, and the company&#39;s potential for future growth is significant. The market&#39;s current underestimation of Broadcom&#39;s AI strategy may present a window of opportunity for investors willing to look beyond the short term and embrace the potential of this quietly growing technology leader.
The article &quot;<a href="https://www.nasdaq.com/articles/broadcoms-ai-powerhouse-quiet-giant-emerges">Broadcom&#39;s AI Powerhouse: A Quiet Giant Emerges</a>&quot; first appeared on MarketBeat.

Earnings

Large Cap

Price Target

Offerings

Broadcom's AI Powerhouse: A Quiet Giant Emerges

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$117.00</td>
<td>$38.0K</td>
<td>12.5K</td>
<td>61.6K</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$165.00</td>
<td>$38.9K</td>
<td>6.9K</td>
<td>8.7K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$450.00</td>
<td>$57.2K</td>
<td>1.7K</td>
<td>4.4K</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$210.00</td>
<td>$630.5K</td>
<td>4.9K</td>
<td>2.5K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$87.00</td>
<td>$37.6K</td>
<td>610</td>
<td>2.2K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$180.00</td>
<td>$237.8K</td>
<td>15.9K</td>
<td>1.9K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$30.00</td>
<td>$31.0K</td>
<td>15.5K</td>
<td>1.3K</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$600.00</td>
<td>$1.3 million</td>
<td>561</td>
<td>364</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$180.00</td>
<td>$62.3K</td>
<td>8.1K</td>
<td>362</td>
</tr>
<tr>
<td>WOLF</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$8.00</td>
<td>$61.4K</td>
<td>2.3K</td>
<td>360</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on September 20, 2024. This event was a transfer of 139 contract(s) at a $117.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $38.0K, with a price of $274.0 per contract. There were 12592 open contracts at this strike prior to today, and today 61676 contract(s) were bought and sold. 
• Regarding ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we observe a call option trade with bearish sentiment. It expires in 4 day(s) on September 20, 2024. Parties traded 50 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $38.9K, with a price of $778.0 per contract. There were 6977 open contracts at this strike prior to today, and today 8784 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on September 20, 2024. This event was a transfer of 30 contract(s) at a $450.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $57.2K, with a price of $1909.0 per contract. There were 1754 open contracts at this strike prior to today, and today 4442 contract(s) were bought and sold. 
• For IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), we notice a call option sweep that happens to be bullish, expiring in 60 day(s) on November 15, 2024. This event was a transfer of 452 contract(s) at a $210.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $630.5K, with a price of $1395.0 per contract. There were 4980 open contracts at this strike prior to today, and today 2545 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $87.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $37.6K, with a price of $188.0 per contract. There were 610 open contracts at this strike prior to today, and today 2252 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option trade with bullish sentiment. It expires in 123 day(s) on January 17, 2025. Parties traded 298 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $237.8K, with a price of $798.0 per contract. There were 15915 open contracts at this strike prior to today, and today 1985 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option sweep with bearish sentiment. It expires in 95 day(s) on December 20, 2024. Parties traded 1000 contract(s) at a $30.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $31.0 per contract. There were 15581 open contracts at this strike prior to today, and today 1337 contract(s) were bought and sold. 
• Regarding ADBE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), we observe a call option trade with neutral sentiment. It expires in 277 day(s) on June 20, 2025. Parties traded 350 contract(s) at a $600.00 strike. The total cost received by the writing party (or parties) was $1.3 million, with a price of $3750.0 per contract. There were 561 open contracts at this strike prior to today, and today 364 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, expiring in 123 day(s) on January 17, 2025. This event was a transfer of 63 contract(s) at a $180.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $62.3K, with a price of $990.0 per contract. There were 8124 open contracts at this strike prior to today, and today 362 contract(s) were bought and sold. 
• Regarding WOLF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>), we observe a put option sweep with bullish sentiment. It expires in 95 day(s) on December 20, 2024. Parties traded 307 contract(s) at a $8.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $61.4K, with a price of $200.0 per contract. There were 2324 open contracts at this strike prior to today, and today 360 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ADBE

ORCL

WOLF

AAOI

QRVO

SWKS

Shares of semiconductor and chip stocks are trading lower. The sector has been volatile recently as investors assess economic data, potential Fed policy and the sector's year-to-date performance.

Shares of Arm Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) had spiked last week on prospects of the company&#8217;s V9 architecture being used in the new A18 chip for<a href="https://www.benzinga.com/news/24/09/40840174/whats-going-on-with-arm-holdings-stock-thursday"> Apple Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iPhone 16</a>.
The company has a proven growth track record and opportunities to continue growing faster than Street expectations, according to Benchmark.
The Arm Holdings Thesis: While the company is a "strong AI play," the elevated growth expectations are already priced into its stock, <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e2ae9e3430dee0001c80e0c/cody-acree">analyst Cody Acree</a> said in a note Monday. 
&#8220;For now, we are initiating coverage with a Hold rating and setting no price target, as is Benchmark's standard practice,&#8221; Acree said.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"We believe the company is a unique investment property with solid leverage to the industry's fastest growth drivers, a growing position in the rapidly expanding AI and Data Center markets, and a dominant player in key industry verticals, such as smartphones and a growing participation in the AI PC market," the analyst wrote.
He added, however, that Apple's iPhone 16 will follow a "piece-meal AI strategy," with Apple Intelligence being launched sometime next month in the U.S. followed by a staggered rollout globally.
Arm's stock trades at twice the forward multiples of direct AI peers, such as Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), Acree further stated.
ARM Price Action: Shares of Arm Holdings had declined by 4.92% to $140.12&nbsp;at the time of publication on Monday.
Read More:<a href="https://www.benzinga.com/markets/equities/24/09/40874566/apple-shares-slide-in-monday-premarket-whats-souring-sentiment"> </a>
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/40874566/apple-shares-slide-in-monday-premarket-whats-souring-sentiment">Apple Shares Slide In Monday Premarket: What&#8217;s Souring Sentiment?</a></li>
</ul>
Image: Shutterstock

Arm Holdings Is A 'Strong AI Play' But Not A Buy, Analyst Says

In the <a href="https://www.benzinga.com/topic/semiconductors">race for semiconductor supremacy</a>, three giants stand tall: Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), and Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>).
But which stock is winning the tech wars, and who's stuck in the slow lane? Let's break it down.
<h2 class="wp-block-heading">Broadcom: The Dominator</h2>
Broadcom stock has been on fire lately, and there's no sign of cooling down. Up 97.28% over the past year and 54.5% year-to-date, The stock is making waves, with analysts eyeing a potential price target as high as $2,400. That's a staggering 925.2% expected movement!
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="669" height="522" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/Screenshot-2024-09-16-at-6.17.25-PM.png" alt="" class="wp-image-549568" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/Screenshot-2024-09-16-at-6.17.25-PM.png 669w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/Screenshot-2024-09-16-at-6.17.25-PM-300x234.png 300w" sizes="(max-width: 669px) 100vw, 669px" /></figure>
Source: <a href="https://www.benzinga.com/report/AVGO">Benzinga Stock Report &#8211; AVGO</a>
And with a Sharpe ratio of 2.7687 over five years, Broadcom stock is leaps ahead of its peers in risk-adjusted returns.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="631" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085952/Screenshot-2024-09-16-at-6.12.10-PM.png" alt="" class="wp-image-549613" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085952/Screenshot-2024-09-16-at-6.12.10-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085952/Screenshot-2024-09-16-at-6.12.10-PM-300x217.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Broadcom stock is flashing strong bullish signals on all fronts—its eight-day, 20-day, 50-day, and 200-day moving averages are all below the current price of $167.69, signaling strong bullish momentum. 
But beware: Options sentiment has recently shifted a bit more negative, so don't rule out some turbulence.
<h2 class="wp-block-heading">Micron Technology: Memory Struggles</h2>
Micron, one of the leaders in memory chips, hasn't had quite the same success as Broadcom. Its stock up a respectable 29.39% over the past year and 10.78% YTD, the future looks a little murkier. 
Analysts project a more modest price range, topping out at $225, with a 99.3% expected movement.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="669" height="522" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090454/Screenshot-2024-09-16-at-6.17.02-PM.png" alt="" class="wp-image-549626" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090454/Screenshot-2024-09-16-at-6.17.02-PM.png 669w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090454/Screenshot-2024-09-16-at-6.17.02-PM-300x234.png 300w" sizes="(max-width: 669px) 100vw, 669px" /></figure>
Source: <a href="https://www.benzinga.com/report/MU" target="_blank" rel="noreferrer noopener">Benzinga Stock Report &#8211; MU</a>
The bad news? Micron's Sharpe ratio of 0.9228 suggests it's underperforming in risk-adjusted returns, and its stock price has dropped below key moving averages. 
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1 "><img loading="lazy" decoding="async" width="631" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090207/Screenshot-2024-09-16-at-6.12.26-PM.png" alt="" class="wp-image-549617" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090207/Screenshot-2024-09-16-at-6.12.26-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090207/Screenshot-2024-09-16-at-6.12.26-PM-300x217.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Technically, it's sitting in bearish territory, with bearish signals on the 20-day, 50-day and 200-day SMAs. Despite a short-term bullish signal from its eight-day moving average, Micron stock needs more than just a memory reboot to turn the tide.
Read Also: <a href="https://www.benzinga.com/trading-ideas/technicals/24/09/40835602/jim-cramer-sees-opportunity-in-micron-stock-as-death-cross-earnings-approach">Jim Cramer Sees Opportunity In Micron Stock As Death Cross, Earnings Approach</a>
<h2 class="wp-block-heading">Marvell Technology: Quietly Building Momentum</h2>
Marvell, the fabless chip designer known for its networking tech, has been quietly gaining steam. With the stock up 35.96% over the past year and 28.04% YTD, Marvell stock is also riding a bullish wave.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="669" height="522" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090905/Screenshot-2024-09-16-at-6.16.37-PM.png" alt="" class="wp-image-549637" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090905/Screenshot-2024-09-16-at-6.16.37-PM.png 669w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090905/Screenshot-2024-09-16-at-6.16.37-PM-300x234.png 300w" sizes="(max-width: 669px) 100vw, 669px" /></figure>
Source: <a href="https://www.benzinga.com/report/MRVL" target="_blank" rel="noreferrer noopener">Benzinga Stock Report &#8211; MRVL</a>
Analysts see upside potential with a 12-month target of $101 and 45.59% expected movement.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1 "><img loading="lazy" decoding="async" width="631" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090226/Screenshot-2024-09-16-at-6.12.39-PM.png" alt="" class="wp-image-549619" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090226/Screenshot-2024-09-16-at-6.12.39-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090226/Screenshot-2024-09-16-at-6.12.39-PM-300x217.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Technically, Marvell stock is looking solid, with bullish signals on all its moving averages and a Sharpe ratio of 1.4239 that beats the peer average. 
Although options sentiment has recently shifted negative, its stock price of $74.48 remains above all its key moving averages, making Marvell stock a steady performer with room to grow.
<h2 class="wp-block-heading">The Verdict</h2>
While all three are leaders in their respective segments, Broadcom stands out with its strong price action, bullish technicals, and stellar risk-adjusted returns. 
Marvell is a close contender with consistent buy signals, while Micron lags behind in technical strength and risk-adjusted performance. 
If you're looking for momentum in the semiconductor space, Broadcom is leading the charge, but Marvell might just be the underdog to watch.
Will Broadcom&#8217;s $2,400 price target be the semiconductor story of the year, or can Marvell sneak in with a surprise rally? 
One thing&#8217;s for sure: the chip wars are far from over!
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/technicals/24/09/40853499/amd-vs-nvidia-ai-stock-showdown-heats-up-as-market-awaits-next-big-move">AMD Vs. Nvidia: AI Stock Showdown Heats Up As Market Awaits Next Big Move</a></li>
</ul>
Image: Edited via Canva

Technicals

Semiconductor Smackdown: Broadcom Vs. Micron Vs. Marvell

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) shares rocketed 98.32% after the company announced it raised&nbsp;<a href="https://www.benzinga.com//node/40833208" target="_blank" rel="noreferrer noopener">$235 million&nbsp;in net proceeds</a>.</li>
<li>BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) stock gained 31.77% in the last week after GSK halted development of the Herpes Simplex Virus Vaccine, clearing the path for other contenders like Moderna and BioNTech.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock jumped 28.38% as several analysts raised<a href="https://www.benzinga.com/quote/app/analyst-ratings" target="_blank" rel="noreferrer noopener"> the price target on the stock</a>.</li>
<li>Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) stock escalated 21.37%. The stock possibly jumped amid sympathy with Petco Health and Wellness Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) after the company <a href="https://www.benzinga.com//node/40822147" target="_blank" rel="noreferrer noopener">reported&nbsp;financial results</a>.</li>
<li>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) shares increased 20.81%. The stock may be up amid a <a href="https://www.benzinga.com//node/40852990" target="_blank" rel="noreferrer noopener">rebound in some chip stocks</a>.</li>
<li>Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) shares gained 20.50% after Raymond James initiated coverage on the stock with an Outperform rating and announced <a href="https://www.benzinga.com/quote/arm/analyst-ratings" target="_blank" rel="noreferrer noopener">a $160 price target</a>.</li>
<li>MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) stock upped 18.74% after the company announced purchasing 18,300 bitcoins (CRYPTO: BTC/USD).</li>
<li>Kinross Gold Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) shares increased 17.14% after the company announced it completed a Preliminary Economic <a href="https://www.benzinga.com//node/40788842" target="_blank" rel="noreferrer noopener">Assessment for the Great Bear project</a>.</li>
<li>Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) stock gained 17.10% in the last week on continued strength after a recently announced multi-year partnership with Charter to integrate linear video and streaming services to enhance flexibility and value in video bundles.</li>
<li>Vertiv Holdings, LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) stock upped 17.02%.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40869968/moderna-tyson-foods-and-adobe-are-among-top-10-large-cap-stock-losers-last-week-sep-8-sep-14-are-t">Moderna, Tyson Foods And Adobe Are Among Top 10 Large Cap Stock Losers Last Week (Sep 8-Sep 14): Are The Others In Your Portfolio?</a></li>
</ul>
Image via Chewy

BNTX

CHWY

EXAS

FSLR

ROKU

SMMT

WOOF

Chewy, Broadcom And MicroStrategy Are Among Top 10 Large Cap Stock Gainers Last Week (Sep 8-Sep 14): Are The Others In Your Portfolio?

The Nasdaq 100 Index just delivered its best weekly performance since October 2023, ripping 5.9% higher and closing five straight <a href="https://www.benzinga.com/markets">sessions in the green. </a>
This rally comes on the heels of last week's shocking 5.8% plunge—the index&#8217;s worst week since nearly two years.
<h3 class="wp-block-heading">Tech Stocks Have Rallied 5.9% This Week, Erasing Last Week&#8217;s Losses</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="447" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-1024x447.png" alt="" class="wp-image-547826" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-1024x447.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-300x131.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-768x335.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-1536x670.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?">Benzinga Pro</a></figcaption></figure>
What sparked the surge? Investors were stoked by a solid batch of economic data, showing tame inflation, steady jobless claims, and an upbeat <a href="https://www.benzinga.com/24/09/40857449/consumer-morale-hits-4-month-high-inflation-expectations-ease-partisan-gaps-in-sentiment-inched-up">consumer sentiment report.</a> 
This data has reinforced market expectations that the Federal Reserve will announce its first interest rate cut in more than four years during its upcoming meeting next week. 
There is currently an even split in market odds between a 25-basis-point cut and a more aggressive 50-basis-point cut, with the latter gaining traction in recent hours, as per CME FedWatch tool. 
A recent Goldman Sachs analysis showed how the stock market historically performed after <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40855247/fed-rate-cuts-and-s-p-500-the-why-matters-most-data-shows">the initial rate cut.</a> 
If the U.S. economy avoids a recession following the cut, stock market performance tends to be positive over the next three to six months. However, if a recession occurs, stocks typically underperform after a rate cut.
<h3 class="wp-block-heading">7 Top-Performing Tech Stocks This Week</h3>
Several tech stocks delivered impressive gains over the past five days, contributing to the overall Nasdaq 100 rally. Below are the top-performing stocks:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Price Chg. % (5D)</td>
<td>Industry</td>
</tr>
<tr>
<td>Arm Holdings pic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>)</td>
<td>26.00%</td>
<td>Semiconductors and Semiconductor Equipment</td>
</tr>
<tr>
<td>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</td>
<td>22.53%</td>
<td>Semiconductors and Semiconductor Equipment</td>
</tr>
<tr>
<td>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)</td>
<td>18.39%</td>
<td>Technology Hardware, Storage and Peripherals</td>
</tr>
<tr>
<td>Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>)</td>
<td>17.24%</td>
<td>Entertainment</td>
</tr>
<tr>
<td>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>15.81%</td>
<td>Semiconductors and Semiconductor Equipment</td>
</tr>
<tr>
<td>Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)</td>
<td>13.60%</td>
<td>Semiconductors and Semiconductor Equipment</td>
</tr>
<tr>
<td>Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>)</td>
<td>13.24%</td>
<td>Electric Utilities</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
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