If You'd Invested $1,000 in Broadcom Stock 1 Year Ago, Here's How Much You'd Have Today

As the artificial intelligence (AI) boom expands, it is taking the semiconductor industry along with it. Semiconductor chips are to most tech products what engines are to cars. This central role helps explain why semiconductor companies like Broadcom (NASDAQ: AVGO) are seeing a much-appreciated boost to their top-line revenue, bottom-line earnings, and stock prices.Over the past 12 months (ended Nov. 18), Broadcom's stock is up about 107%, meaning a $1,000 investment made a year ago would be worth $2,066 today. For comparison, the S&P 500 -- in which Broadcom is the seventh-largest holding -- is only up around 12.7% in that time.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool