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Nvidia Stock Falls 4% as China's Huawei Tests Rival AI Chip
Will the US Stock Market's Rebound Ignite Your Next Trade?
The enthusiasm for Datacenters has not diminished, but the giants have indeed pressed the "pause button."
Analysis indicates that overall capital expenditure in AI remains strong, and market demand is not retreating but is rather in a "temporary pause." According to McKinsey's forecast, the Datacenter market is expected to maintain a growth range of 20% to 25% over the next five to seven years, although the growth rate will fluctuate year by year.
Prediction: Broadcom Stock Could Surge by 100% in the Next 3 Years
Broadcom's (NASDAQ:AVGO) 53% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
Here's How Much You Would Have Made Owning Broadcom Stock In The Last 5 Years