Broadcom and Marvell are a growing threat to Nvidia as AI-chip needs evolve

• FirstFT: Microsoft buys twice as many Nvidia AI chips as its rivals in 2024

  Also in today’s newsletter, Brazil’s currency comes under pressure while carmakers Honda and Nissan hold merger talks
  
  Financial Times - 5h

• Nvidia falls deeper into correction territory, Broadcom reverses earlier gains to tick lower

  Despite Nvidia's recent fall, its stock is still up more than 160% for the year. Broadcom has risen more than 120% in the same time frame.
  
  CNBC - 8h
• 

  Microsoft acquires twice as many Nvidia AI chips as tech rivals

  OpenAI’s biggest backer buys nearly half a million GPUs this year in race to build artificial intelligence systems
  
  Financial Times - 11h

• Broadcom is having its own ‘Nvidia moment’ as stock swells further

  The newest member of the trillion-dollar market-cap club is looking ahead to a “likely sharp new product ramp” in the second half of 2025, according to an analyst.
  
  MarketWatch - 1d
• 

  AI Will Evolve Into an Organizational Strategy for All

  Traditional hierarchies hold businesses back. Instead, teams need to combine human and artificial intelligence to succeed.
  
  Wired - 3d

• Nvidia’s stock misses out on the big chip rally after Broadcom earnings

  One analyst noted that the type of AI chip Broadcom makes could pick up market share relative to “costly” graphics processing units.
  
  MarketWatch - 4d

• Broadcom’s projections show more evidence of the AI boom expanding beyond Nvidia

  Broadcom’s stunning projection for its potential opportunity in 2027 is more evidence that the artifical-intelligence boom in semiconductors is expanding beyond Nvidia — but there still is a lot of ...
  
  MarketWatch - 5d
• 

  Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

  Shares of Nvidia have slipped after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws
  
  ABC News - Dec. 9

• Marvell’s stock skyrockets as it’s dubbed the next hot AI chip name

  Wall Street is excited about Marvell’s traction in custom offerings and partnership with Amazon’s AWS.
  
  MarketWatch - Dec. 4

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