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QUICK SPARK: Broadcom Scores Historic Win Over Nvidia as AVGO-NVDA Gap Explodes

Reported · Written up by our desk · Equities

Broadcom has not beaten Nvidia by this much in a single week since it went public in 2009. Broadcom Inc. (NASDAQ:AVGO) is up 18% this week, trading near $346.60 on Friday afternoon. NVIDIA Corp. (NASDAQ:NVDA) has fallen 12.9% to about $162.60. As a result, the Broadcom-to-Nvidia price ratio has jumped 35.4%, its biggest weekly gain on record. The previous high, nearly 33%, came in the week ended Dec. 13, 2024, after Broadcom’s earnings. Chart: Broadcom-To-Nvidia Price Ratio Posts Its Biggest Weekly Gain Since 2009 The trigger was Nvidia’s leadership crisis. On Thursday, the company said Jensen

Latest closeNasdaq Comp. 25,366.09 ▼0.4%

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Sources

BenzingaQUICK SPARK: Broadcom Scores Historic Win Over Nvidia as AVGO-NVDA Gap Explodes
BenzingaQUICK SPARK: Broadcom Scores Historic Win Over Nvidia as AVGO-NVDA Gap Explodes

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