The post Broadcom, Qualcomm, or TSMC: Why One AI Chip Stock Won Decisively in April appeared first on 24/7 Wall St..
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Qualcomm (QCOM) stock surged 39.45% in April after the company announced an OpenAI partnership positioning Snapdragon as the leading platform for on-device AI in premium smartphones, while automotive revenue hit a record $1.33B up 38% YoY.
Broadcom (AVGO) stock gained 34.87% on custom AI silicon strength with Q2 guid…