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After the Nasdaq fell 12% from its October peak and entered correction territory, analysts say the selloff in AI stocks has created an opportunity to buy Nvidia, Broadcom, and AMD, while underlying demand remains strong. Nvidia’s revenue surged 106% to more than $96 billion, despite its stock falling 24% from its peak. Broadcom’s AI semiconductor revenue grew 221% to $16.7 billion, while AMD’s revenue rose 45%, with growth expected to exceed 80% in 2027.
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