Reflecting On Processors and Graphics Chips Stocks' Q2 Earnings: Broadcom (NASDAQ:AVGO) The end of the earnings season is always a good time to take a step back and see who shined (and who didn't). Let's take a look at how processors and graphics chips stocks fared in Q2, starting with Broadcom (NASDAQ:AVGO). The biggest demand drivers for processors (CPUs) and graphics chips at the moment are secular trends related to 5G and Internet of Things, autonomous driving, and high performance computing in the data center space, specifically around AI and machine learning. Like all semiconductor companies, digital chip makers exhibit a degree of cyclicality, driven by supply and demand imbalances and exposure to PC and Smartphone product cycles.
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