Better Metaverse Stock: Broadcom vs. Meta Platforms
Broadcom (NASDAQ: AVGO) is a chip company that has traditionally thrived on customer relationships. These partnerships have led to innovative products, such as the wi-fi hotspot built into Apple's iPhones and Alphabet's artificial intelligence chip.
Now, Meta Platforms (NASDAQ: FB) will become Broadcom's next billion-dollar customer, according to JPMorgan analyst Harlan Sur. The Facebook parent company reportedly plans to use custom chips made by Broadcom to power its metaverse applications. While this alliance should benefit both companies, the question for investors is: Which metaverse stock holds more potential to drive higher investor returns?
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Source Fool.com
