Friday, December 13, 2024

Broadcom hits $1T as it predicts a massive expansion in demand for chips that power AI

Seven unknown AI stocks that could DOMINATE the next six years
Former Trump Advisor Warning: "An Economic Rupture Is Coming"

In Today's News

A Tech That Could Pay You $30K a Year? Elon Musk's New Crazy Idea [adv]

Canada says it will respond robustly if US imposes tariffs
TORONTO (Reuters) - Ottawa and the provinces will respond robustly if the incoming U.S. administration goes ahead with a promise to impose tariffs on imports from Canada, Finance Minister Chrystia Freeland said on Friday.Prime Minister Justin Trudeau, Freeland and the 10 provincial premiers have held two .... Read More >>

Former Trump Advisor Warning: "An Economic Rupture Is Coming" [sponsor]
The legendary financier Brad Thomas served on Trump's advisory board for years. Now he's stepping forward with a terrifying new warning. "Even the rich aren't safe," he says. "I'm taking steps to protect my family." Learn how to protect yourself too, click here.

Philip Morris to pay $1.2 million to settle probe into flavored tobacco ban violation
The District of Columbia attorney general's office said it had found evidence that SMNA facilitated online sales of "tens of thousands" of flavored Zyn nicotine pouches to D.C. consumers between October 1, 2022, when the ban was enacted, and June 30, 2024.PMI, which acquired a 90% stake in Swedish Match for $ .... Read More >>

These Stocks Are Paying "Secret Dividends" This Month [sponsor]
The most popular stocks are paying what I like to call "secret dividends" this month that can boost your income fast. I'm talking 122.65% on NVIDIA, 51.92% on Tesla, and even 148.51% on Coinbase. These yields are possible thanks to a brand new source of income (no options trading required). Click here to learn how to start collecting these secret dividends today.

FEATURED ARTICLE

Broadcom hits trillion-dollar valuation on lofty forecasts for AI demand

Broadcom is predicting a massive expansion in demand for chips that power AI – and the market, for now, is buying it all the way.

The company’s valuation hit $1 trillion on Friday as its shares surged 21% after CEO Hock Tan said AI could present a $60 billion to $90 billion revenue opportunity in 2027, more than four times the current size of the market. Broadcom also forecast first-quarter revenue above estimates on Thursday.

Several analysts said it was tough to estimate the market’s growth and Broadcom’s potential share, with TD Cowen noting the prediction is “difficult to prove/disprove, but is huge”.

Big Tech’s push to diversify beyond Nvidia’s pricey and supply-constrained AI processors has been a windfall for Broadcom, which makes custom chips for major cloud companies.(cont. below)

Seven unknown AI stocks that could DOMINATE the next six years [sponsor]
The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Click here to see how $1,000 in each could turn into more than $1 million in less than six years.

Investors have also favored chipmakers that are already benefiting from the massive data centers being built by the likes of Microsoft and Meta amid worries about the payoff from AI investments for the wider tech industry.

Broadcom CEO Tan said on Thursday the company has won two major hyperscaler customers, after it brought in $12.2 billion in AI revenue for fiscal 2024. That represented a major chunk of his estimated total serviceable market of $15 billion to $20 billion.

Of the total 2027 opportunity, Broadcom could capture as much as $50 billion in AI sales based on the 70% market share Broadcom estimated it had in 2024, TD Cowen analysts said. But they warned modeling the company’s share was difficult because the serviceable market could include processors sold by the likes of Nvidia.

Rosenblatt Securities analyst Hans Mosesmann estimated a much lower market share for Broadcom in 2027 at between 20% and 50%.

Investors, meanwhile, scooped up the stock that trades at a lower multiple than rivals. Broadcom has a 12-month forward price-to-earnings ratio of 29.8, compared with 31.03 for Nvidia, the first chip firm to hit $1 trillion in market value, according to data compiled by LSEG.(cont. below)

Nvidia's Secret Partner... This Is The New AI Chip Powerhouse [sponsor]
I bet you've never heard of it...but this newly public company is set to become key to Nvidia's seat on the AI throne. And for now...you can get in while it's still cheap. Details Here!

“As AI shifts from training models to inference, more and more chip companies will gain an edge on Nvidia. Broadcom is the canary in the coalmine,” said Thomas Hayes, chairman and managing member at Great Hill Capital.

Shares of Nvidia and rival AI chipmaker AMD fell about 3%, while Broadcom’s smaller competitor Marvell rose close to 9%. Contract chipmaker TSMC rose 4%.

Broadcom’s shares are up more than 60% this year, while Nvidia’s stock has more than doubled, as of last close. The gains eclipse those in major cloud companies, with Microsoft up about 11% this year and Alphabet – seen by analysts as Broadcom’s biggest custom chip customer – rising 40%.

“They (Broadcom) went out of their way to give investors a reason to dream,” Bernstein analyst Stacy Rasgon said.

“The AI story seems to really be coming into its own, perhaps Hock might think about shopping for a leather jacket,” Rasgon said, referring to Nvidia CEO Jensen Huang’s signature style.

 .... Read More >>

OTHER HEADLINES

U.S. military confirms drone sightings at air base in Germany
BERLIN (Reuters) - Drones were spotted flying over the U.S. air base at Ramstein in Germany in early December, a spokesperson for the U.S. Air Force said on Friday.There were "no impacts to base residents, facilities, or assets," the spokesperson said. "In concert with host nation authorities, we continue .... Read More >>

SEC 'reopens' probe into Neuralink, Musk's lawyer says
(Reuters) - The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk's brain-chip startup Neuralink, according to a letter shared by Musk on Thursday on social media platform X. The Dec. 12 letter from Musk's lawyer Alex Spiro and addressed to outgoing SE .... Read More >>

The Hidden Link Between NVDA, CAVA, and CVNA Revealed  [sponsor]
The groundbreaking indicator that caught every Nvidia rally is now showing the same pattern on CAVA and CVNA. Free urgent briefing begins shortly. Click here for access.

Goldman Sachs granted licence for China fund sales
HONG KONG (Reuters) - Goldman Sachs received regulatory approval to sell funds in China, the latest U.S. investment bank to get a financial licence in a sign of Beijing's commitment to continue opening up the sector to foreign companies.The Beijing Bureau of China Securities Regulatory Commission (CSRC) g .... Read More >>

Nvidia's Secret Partner... This Is The New AI Chip Powerhouse [sponsor]
I bet you've never heard of it...but this newly public company is set to become key to Nvidia's seat on the AI throne. And for now...you can get in while it's still cheap. Details Here!

T-Mobile announces $14 billion share buyback program
Telecom companies such as Verizon, AT&T and T-Mobile are among the top dividend payers in the U.S.Earlier this month, AT&T said it plans to return more than $40 billion to shareholders over the next three years through dividends and share repurchases. T-Mobile's latest shareholder return program is in addi .... Read More >>

Invest. Do Good. Get Rewarded. Just $0.26/Share!  [sponsor]
Mode Mobile is changing lives by turning smartphones into income generators. That's big news for 6.8B people earning under $12K annually. Users saved and earned $325M with Mode's EarnOS. With staggering 32,481% growth, Mode proves doing good is great business. Do Good While Doing Good Business - Just $0.25/Share. Invest Now! This is a paid advertisement for Mode Mobile Regulation A offering. Please read the offering circular and related risks at invest.modemobile.com.

Blackstone, Bain to bid for Mitsubishi pharma unit in up to $3.5 billion deal, sources say
HONG KONG (Reuters) - Global private equity firms Blackstone and Bain Capital are among final bidders for Mitsubishi Tanabe Pharma, a unit of Japan's Mitsubishi Chemical Group, in a deal that could value it at between $3 billion and $3.5 billion, three sources said.Mitsubishi Chemical has hired Goldman Sa .... Read More >>

Presentation Exposes 'Black Swan' Event Wall St. Elite are Terrified of [sponsor]
Hard-hitting expose reveals how the "digital elites" are set to steer the ship of America into a "hard turn" - and take our economy in a completely new direction...And further widen the distance between themselves and everyone else. Click here to see it.

Sponsored Content 

Sell NVDA Now?

Warning For Nvidia Holders

Is this the pin that pops AI bubble?

Does Your Portfolio Depend on the 2024 Election?

Get your Exclusive Top 5 Election-Focused Stocks report now!

IMPORTANT NOTICE AND DISCLAIMER
Investing Media Solutions, LLC ("IMS"), the owner of this website (the "Website"), cannot guarantee the accuracy or completeness of the information contained in any article, email, newsletter, or other publication posted on or viewed in connection with this website (the "Publications"). The author or authors of those Publications are solely responsible for their contents. IMS has not done any research or due diligence into the markets, industries, or companies which may appear or be mentioned in the Publications. IMS will NOT be liable for any loss or damage caused by a reader's reliance on information posted on the Website or contained in the Publications.

FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY; NOT INVESTMENT ADVICE.
This Website and the Publications are for educational and informational purposes only. This Website and the Publications do not purport to be a complete analysis of any company's financial position. This Website, the Publications or any statements made in the Publications are not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular individual. This Website or the statements made in the Publications should NOT be relied upon for purposes of transacting in any securities posted on the Website or mentioned in the Publications, nor should they be construed as a personalized recommendation to you to buy, sell, or hold any position in any security posted on this Website or mentioned in any Publications.

SUBSTANTIAL RISK IN INVESTMENT.
Any individual who chooses to invest in any securities including those mentioned in the Publications should do so with caution. Investing or transacting in securities involves substantial risk; you may lose some, all, or possibly more than your original investment. Readers bear responsibility for their own investment research and decisions and should review all investment decisions with a licensed or registered investment professional.

NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER
Neither IMS nor any of its respective owners or employees are registered or licensed as a securities broker-dealer, broker, an investment advisor, or an investment advisor representative with the U.S. Securities and Exchange Commission (SEC), any state securities regulatory authority, or any self-regulatory organization.

To more fully understand our Website, please review our full disclaimer located at: https://investingwealthdaily.com/disclaimer/

DISCLAIMER: Investing Wealth Daily is strictly a research publishing firm and much of the information we publish in email and our various websites are obtained from sources we believe to be reliable. You should know that accuracy can never be guaranteed. We do not design our content to meet your personal situation & you need to know we are absolutely not financial advisors and we never, under any circumstance give our users personalized advice. Every single opinion we express herein are those of the publisher and are subject to change without notice. Published content may become outdated and there is no obligation to update any such information.

This communication includes advertising material and PAID ADVERTISEMENTS provided to our customers. Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Sponsored emails, like this in Investing Wealth Daily or our other publications, contain paid advertisements and don't necessarily endorse or recommend it to you or any investor. Neither the company nor our affiliates bear responsibility or control over the content of the advertisement and the product or service offered. Proceed at your own risk. Privacy Policy

If you wish to contact us, please do not reply to this message but instead e-mail us at support@e.investingwealthdaily.com. Replies to this message may not be read or responded to. We are unable to respond to emails and phone calls requesting personal financial advice.

Sponsored emails, like this in Investing Wealth Daily or our other publications, contain paid advertisements and don't necessarily endorse or recommend it to you or any investor. Neither the company nor our affiliates bear responsibility or control over the content of the advertisement and the product or service offered. Proceed at your own risk.

If you wish to contact us, please do not reply to this message but instead e-mail us at support@e.investingwealthdaily.com. Replies to this message may not be read or responded to. We are unable to respond to emails and phone calls requesting personal financial advice.

At Investing Wealth Daily, it's our mission to create and provide a community that helps you live a more lucrative and enriched life. When Investing Wealth Daily was established a few years back, we wanted to make the community an inclusive, welcoming table where everyone can come to find investment trends! Over the years, and over 100 thousand combined followers across our social media platforms, we will always aim to get better at what we do every single day! In addition, our primary focus is on our relationship with you. This way every time you decide to visit one of our properties or read one of our relevant articles, you end up getting an idea that takes your investment portfolio to the next level. We particularly appreciate when our following provides feedback via testimonials, reviews, and comments left on our site or social media accounts. Because with that feedback, we can use it to make your next investment or stock purchase even better than the last! Since we put so much effort into the relationship with you, we hope that any time spent with us is exactly the way you hoped it would be. Because by choosing to go with Investing Wealth Daily, it's our promise that we provide a community you will love for years and years to come. Now, as much as we care about helping you make the right investments, we also care about your privacy. At Investing Wealth Daily transparency and the use of data are important and we would like to be as explicit as we can about the use of data collected through our platforms. Investing Wealth Daily is owned and operated by https://investingwealthdaily.com/. We're committed to the right of your privacy and strive to provide a safe and secure user experience. Our Privacy Policy explains how we collect, store and use personal information, provided by you on our website.

What Information Do We Collect?

When you visit our Web site you may provide us with two types of information: personal information you knowingly choose to disclose that is collected on an individual basis and Web site use information collected on an aggregate basis as you and others browse our Web site following all compliance standards.

For example, you may need to provide the following information:

  • Name
  • Website URL information
  • Email address
  • Home and business phone number

In addition to providing the foregoing information, if you choose to correspond further with us through email, we may retain the content of your email messages together with your email address and our responses securely within our systems. We provide the same protections for these electronic communications that we employ in the maintenance of information received by mail and telephone.

It also explains important information that ensures we won't abuse the information that you provide to us in good faith. By accessing and using our website, you can trust that what you want to be kept private, will be kept private. If at any time, you would like to read our Privacy Policy and get a better understanding of your rights and liabilities under the law. Feel free to visit our site, find the privacy policy in the footer and read it. If there is something you are concerned about or wish to get more clarity on, please let us know by contacting us at support@e.investingwealthdaily.com. The Privacy Policy also informs you of how to notify us to stop using your personal information. If you wish to view our official policies, please visit our website https://investingwealthdaily.com/ where you can find the latest information regarding data collection and use.

If you end up visiting https://investingwealthdaily.com/, we are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. https://investingwealthdaily.com/ operates the Website. This privacy policy has been created to keep you informed about the steps we take once data is acquired. It is regularly updated to meet the needs of a changing technological environment ensuring its relevancy.

If you end up visiting https://investingwealthdaily.com/, we are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. https://investingwealthdaily.com/ operates the Website. This privacy policy has been created to keep you informed about the steps we take once data is acquired. It is regularly updated to meet the needs of a changing technological environment ensuring its relevancy.

Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using https://investingwealthdaily.com/, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy.

If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by emailing us at support@e.investingwealthdaily.com. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the "unsubscribe" link located on the bottom of any marketing email. By clicking the link you will be taken to a page where you may unsubscribe from future marketing emails. Your change in status may take up to seventy-two hours to be reflected within our system. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt-out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). If you have any questions, simply reply to this email or visit our website to view our official policies.

As an important reminder the ideas and opinions of the writers of the content shared should be taken for informational and entertainment purposes. Independent research is an important part of investing success and due diligence should be practiced. For use of personal information please read below and be advised on the data that we collect and how it will be used in the future. Within our content you will see advertisements that are clearly labeled identifying them as products or services offered by our advertising partners. These products and services are provided by our advertising partners and not by Investing Wealth Daily.

Investing Wealth Daily
203 N La Salle Street, Suite 2100 | Chicago, IL 60601

Unsubscribe Here

No comments:

Post a Comment

Welcome to Liberty Through Wealth

Thank you for becoming a valuable subscriber.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌...