10 Best AI Data Center Stocks

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8. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 130

Broadcom Inc. (NASDAQ:AVGO) supplies semiconductor infrastructure software solutions. The company has developed a reputation for itself in the custom AI chip market, differentiating itself from competitors in the semiconductor space. In addition to chips, the company offers a range of AI data center solutions, including networking and connectivity products like fiber optics, network adapters, and memory controllers. OpenAI, the most valuable private firm in the world, is working with Broadcom to develop a custom AI chip. OpenAI is the creator of ChatGPT. Broadcom also recently closed the $69 billion purchase of VMware, a cloud computing firm that connects AI data center applications with the cloud.

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