15 Semiconductor Stocks Making Impressive Comeback From DeepSeek AI Dip

13. Broadcom Inc. (NASDAQ:AVGO) 

Broadcom Inc. is a developer, designer, and supplier of different semiconductor devices. The company operates in infrastructure software and semiconductor solutions segments. It offers optical and copper physical layer devices, mobile device connectivity solutions, Ethernet switching and routing custom silicon solutions, RF front-end modules and filters, and other products and services. The stock is up 2.42% in the last week against the S&P 500’s 1.13% gains.

Broadcom’s bullish run has brought it back to almost the same level it was trading at before DeepSeek Monday. The optimism is fueled primarily by the prospects of the company’s custom chips business. AVGO was a beneficiary of hyperscalers looking for custom GPUs to improve the efficiency of their AI model training processes. Since GPUs weren’t as efficient at performing repeated tasks as ASICs (the custom GPUs that Broadcom makes), the ASICs business grew at an exponential rate for AVGO.

Now the company is looking to expand this business further. There are rumors that the company could collaborate with OpenAI to help it make its processors. This could be bigger than it seems, as a potential partnership with OpenAI could open up the company to Project Stargate, essentially giving it access to companies like Oracle, Softbank, and ARM. As an integral component of America’s future AI investments, the company’s business could skyrocket.