Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement 
US Judge Rejects $2.36B Penalty Bid Against Google in Privacy Data Case 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election 
A top-performing AI chip company has emerged as Jefferies' standout stock for 2025, fueled by groundbreaking advancements in custom chip designs. Analysts predict the firm could achieve record-breaking revenues and market expansion, challenging established leaders in the industry.
Jefferies Names Top Pick for AI Chip Market in 2025
Based on the company's strong position in the rapidly expanding artificial intelligence chip market, which is driven by demand for custom-designed chips, also known as ASICs, Jefferies has selected Broadcom Inc. as its top pick for the year 2025, Investing.com reports.
Jefferies increased its price objective for the stock from $225 to $300, predicating the increase on the expectation of robust earnings growth.
The sophisticated chips manufactured by Broadcom are anticipated to compete with those manufactured by Nvidia Corporation in terms of computation density as new technologies like 3.5D packaging and silicon photonics gain popularity.
Broadcom’s Role in Artificial General Intelligence
According to the brokerage, Broadcom has played a significant role in the development of powerful artificial intelligence clusters, with large clients seeking to install one million computing units. Among the most important areas of innovation, these clusters provide support for artificial general intelligence.
It was anticipated by Jefferies that Broadcom's sales of AI chips might generate more than $60 billion in revenue by the year 2027, which would drive earnings per share to $12 or more. In the event that Broadcom is able to seize even a small portion of the high-end market, it sees enormous potential for profitability.
Broadcom’s AI Chip Division Gains Momentum
Particularly in training-focused chips, which command greater costs as designs become more complicated, Broadcom's artificial intelligence division has gained steam, particularly in recent years. It is anticipated that the company's chips would become larger and contain more modern technology, which will result in an increase in the average selling price.
The outlook for Broadcom's networking and optical devices was similarly positive, according to Jefferies.
