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Broadcom

Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.

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La demanda de IA impulsa a los semiconductores en 2024 y analistas predicen una recuperación para los segmentos análogos y automotrices.

Semiconductores en 2024: Impacto de la IA y Perspectivas para 2025

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Millennium Management de Israel Englander ha realizado ajustes importantes a su cartera, incluido un asombroso aumento del 91.046,15% en opciones call de Alibaba Group Holding Ltd. (NYSE:BABA) y un aumento del 94,69% en participaciones directas de Broadcom Inc.

Impactantes ajustes de Millennium Management: descubre su nueva estrategia con Alibaba y Broadcom

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Nvidia y Broadcom dominan la industria de semiconductores impulsados por la inteligencia artificial. Intel lucha por mantenerse relevante.

Broadcom (AVGO) y Nvidia (NVDA) lideran la revolución de los semiconductores en 2024

Broadcom Inc

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$237.50</td>
<td>$32.3K</td>
<td>7.8K</td>
<td>29.9K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/24/25</td>
<td>$135.00</td>
<td>$41.0K</td>
<td>10.0K</td>
<td>17.7K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$115.00</td>
<td>$78.7K</td>
<td>5.6K</td>
<td>6.1K</td>
</tr>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/28/25</td>
<td>$14.50</td>
<td>$112.5K</td>
<td>0</td>
<td>4.6K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$38.00</td>
<td>$1.0 million</td>
<td>416</td>
<td>2.6K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$70.00</td>
<td>$32.2K</td>
<td>9.0K</td>
<td>1.1K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$225.00</td>
<td>$937.5K</td>
<td>3.7K</td>
<td>878</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$165.00</td>
<td>$32.1K</td>
<td>816</td>
<td>721</td>
</tr>
<tr>
<td>PSTG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$50.00</td>
<td>$37.7K</td>
<td>175</td>
<td>563</td>
</tr>
<tr>
<td>CVLT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$155.00</td>
<td>$66.3K</td>
<td>0</td>
<td>542</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on January 17, 2025. Parties traded 394 contract(s) at a $237.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $82.0 per contract. There were 7870 open contracts at this strike prior to today, and today 29947 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on January 24, 2025. Parties traded 192 contract(s) at a $135.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $41.0K, with a price of $214.0 per contract. There were 10095 open contracts at this strike prior to today, and today 17795 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option trade that happens to be bearish, expiring in 3 day(s) on January 17, 2025. This event was a transfer of 350 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $78.7K, with a price of $225.0 per contract. There were 5637 open contracts at this strike prior to today, and today 6199 contract(s) were bought and sold. 
• Regarding CLSK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), we observe a call option sweep with bearish sentiment. It expires in 45 day(s) on February 28, 2025. Parties traded 2085 contract(s) at a $14.50 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $112.5K, with a price of $54.0 per contract. There were 0 open contracts at this strike prior to today, and today 4691 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a put option sweep with bearish sentiment. It expires in 731 day(s) on January 15, 2027. Parties traded 599 contract(s) at a $38.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $1.0 million, with a price of $1685.0 per contract. There were 416 open contracts at this strike prior to today, and today 2620 contract(s) were bought and sold. 
• Regarding PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we observe a call option trade with bullish sentiment. It expires in 66 day(s) on March 21, 2025. Parties traded 52 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $32.2K, with a price of $620.0 per contract. There were 9061 open contracts at this strike prior to today, and today 1165 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option trade that happens to be neutral, expiring in 38 day(s) on February 21, 2025. This event was a transfer of 750 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $937.5K, with a price of $1250.0 per contract. There were 3756 open contracts at this strike prior to today, and today 878 contract(s) were bought and sold. 
• Regarding SNOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on January 24, 2025. Parties traded 59 contract(s) at a $165.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $545.0 per contract. There were 816 open contracts at this strike prior to today, and today 721 contract(s) were bought and sold. 
• Regarding PSTG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>), we observe a put option sweep with bearish sentiment. It expires in 367 day(s) on January 16, 2026. Parties traded 71 contract(s) at a $50.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $37.7K, with a price of $530.0 per contract. There were 175 open contracts at this strike prior to today, and today 563 contract(s) were bought and sold. 
• Regarding CVLT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVLT#NASDAQ">CVLT</a>), we observe a put option sweep with neutral sentiment. It expires in 248 day(s) on September 19, 2025. Parties traded 33 contract(s) at a $155.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $66.3K, with a price of $2013.0 per contract. There were 0 open contracts at this strike prior to today, and today 542 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

CLSK

CVLT

PLTR

PSTG

SMCI

SNOW

10 Information Technology Stocks With Whale Alerts In Today's Session

Financing

Broadcom Terminates All Outstanding Commitments Under 2021 Credit Agreement; Enters New $7.5B 5-Year Unsecured Revolving Credit Facility

Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) is currently navigating a <a href="https://www.benzinga.com/quote/AVGO/news">moderately bullish trend</a> while grappling with slight selling pressure.
<h1 class="wp-block-heading">Broadcom Stock: Mixed Technical Signals</h1>
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="630" height="494" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13134115/Screenshot-2025-01-14-at-12.10.59-AM.png" alt="" class="wp-image-731109" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13134115/Screenshot-2025-01-14-at-12.10.59-AM.png 630w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13134115/Screenshot-2025-01-14-at-12.10.59-AM-300x235.png 300w" sizes="(max-width: 630px) 100vw, 630px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011425&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Broadcom stock price sits at $226.01, revealing a complex picture when juxtaposed with technical indicators. Its eight-day and 20-day simple moving averages (SMA) at $230.13 and $229.71 respectively, flash bearish signals.
However, the broader outlook offers bullish sentiment, as Broadcom stock remains above the 50-day SMA of $194.52 and the 200-day SMA of $164 — indicators pointing toward a continued uptrend.
Further supporting optimism, Broadcom stock's Moving Average Convergence Divergence (MACD) indicator stands at a bullish 10.33, while the Relative Strength Index (RSI) hovers at a stable 56.26, suggesting neither overbought nor oversold conditions.
Read Also: <a href="https://www.benzinga.com/25/01/42953261/nvidia-broadcom-and-marvell-positioned-for-growth-as-ai-demand-drives-semiconductor-momentum">Nvidia, Broadcom, Marvell Positioned For Growth As AI Demand Drives Semiconductor Momentum</a>
<h1 class="wp-block-heading">$3 Billion Senior Notes Issued For Strategic Flexibility</h1>
In a significant move to bolster its financial position, Broadcom <a href="https://investors.broadcom.com/node/62851/html">issued</a> $3 billion in senior notes through underwriters led by Wells Fargo and Citigroup. The issuance is split into three tranches:
<ul>
<li>$1.1 billion in 4.800% notes due 2028, </li>
<li>$800 million in 5.050% notes due 2030, and </li>
<li>$1.1 billion in 5.200% notes due 2032. </li>
</ul>
The unsecured notes will rank equally with Broadcom's other debts and are earmarked for general corporate purposes, including debt repayment.
Despite a current debt-to-equity ratio of 1.02, Broadcom&#8217;s strategic use of capital underscores its confidence in sustaining market leadership, particularly amid AI-driven growth opportunities.
<h1 class="wp-block-heading">AI Revenue, Long-Term Growth Prospects</h1>
Broadcom's recent fiscal performance underscores its resilience, with AI-related revenue driving better-than-expected fourth-quarter results. The company anticipates $14.6 billion in revenue and an EBITDA margin of approximately 66% for the upcoming quarter, cementing its position alongside NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) in the AI infrastructure race.
As market dynamics shift and Broadcom fortifies its financial strategy, investors are eyeing the long-term value the semiconductor giant continues to offer amid evolving technological landscapes.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42896233/japanese-chipmaker-rapidus-sets-sights-on-broadcom-to-emulate-taiwan-semiconductors-market-dominance">Japanese Chipmaker Rapidus Sets Sight on Broadcom to Emulate Taiwan Semiconductor&#8217;s Market Dominance</a></li>
</ul>
Photo: Rokas Tenys via Shutterstock

Long Ideas

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Broadcom's $3 Billion Bet: Balancing Market Signals, AI-Driven Growth

Needham analyst N. Quinn Bolton noted 2024&#8217;s divergence of the fortunes of <a href="https://www.benzinga.com/topic/semiconductors" target="_blank" rel="noreferrer noopener">semiconductor companies exposed</a> to different end markets. 
Semiconductor suppliers exposed to the PC, smartphone, industrial, and automotive sectors generally noticed fundamentals under pressure throughout the year.
On the other hand, the AI segment experienced strong demand for accelerating deployments of AI infrastructure.
Also Read: <a href="https://www.benzinga.com/government/regulations/25/01/42907937/taiwan-semiconductor-hits-26-3-billion-q4-revenue-reportedly-ends-powerair-deal-over-huawei-chip-breach-amid-us-sanctions" target="_blank" rel="noreferrer noopener">Taiwan Semiconductor Hits $26.3 Billion Q4 Revenue, Reportedly Ends PowerAIR Deal Over Huawei Chip Breach Amid US Sanctions</a>
As a result, AI-driven semiconductor stocks significantly outperformed the S&amp;P 500 Index and non-AI-driven semiconductor stocks in 2024.
The performance of AI and non-AI stocks may begin to see some mean reversion, Bolton says. Growth in AI revenue will begin to decelerate and fundamentals for analog/mixed-signal semiconductor companies will start to recover.
Bolton named Allegro MicroSystems Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGM#NASDAQ">ALGM</a>) his top pick for 2025 and added the company to Needham&#8217;s Conviction List.
Bolton noted that 2024 was the year of the &#8220;haves&#8221; and the &#8220;have nots&#8221; in the semiconductor industry. Due to the combination of weak demand conditions and digestion of excess inventory, semiconductor suppliers exposed to the PC, smartphone, industrial, and automotive end markets generally experienced revenue and earnings declines in 2024.
While the S&amp;P 500 Index returned 23% in calendar year 2024, the average return for the &#8220;non-AI&#8221;-driven semiconductor companies in Bolton&#8217;s coverage universe was -17 %.
On the other hand, driven by strong demand for accelerating deployments of AI infrastructure, semiconductor companies with exposure to AI saw robust revenue and earnings growth.
On average, the stock prices of AI-driven companies in Bolton&#8217;s coverage universe increased 147% in 2024, significantly outperforming the 23% return of the S&amp;P 500 over this period.
Bolton noted that broad-based, analog/mixed-signal, and cyclical recovery stocks may outperform in 2025. In 2025, Bolton expects the performance of AI and non-AI stocks to begin to see some mean reversion as growth in AI revenue begins to decelerate and fundamentals for analog/mixed-signal semiconductor companies begin to recover.
Bolton did not call for this rotation from AI names to analog/mixed-signal or other semiconductor cycle plays to necessarily occur in early 2025. The near-term outlook for many analog/mixed-signal stocks remains muted in the near-term while he expects continued momentum in revenue and earnings for the AI-related stocks. However, Bolton noted this rotation could begin in the Spring to early Summer.
AI spending is decelerating, which may lead to multiple contractions.
Potential catalysts for the rotation included the end of inventory digestion and improvements in end market demand. The trend toward autonomy and electrification in autos is intact and should drive semiconductor growth, and valuations that are more compelling than those for AI-driven stocks.
Bolton also remains positive on Silicon Laboratories, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLAB#NASDAQ">SLAB</a>), Lattice Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>), and ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>).
Bolton noted Silicon Labs as an idiosyncratic semiconductor play that is not dependent on a macro recovery in 2025 as new design win ramps in smart meters in India, electronic shelf labeling and continuous glucose monitors, as well as the ramp of new single-stream WiFi 6 and Bluetooth 6 products, should drive sequential growth through the year. 
Bolton also explained that Lattice Semiconductor is poised for the second half of calendar 2025 recovery as the inventory correction in its Industrial &amp; Automotive segment clears and the company ramps up new Nexus and Avant product offerings. 
Lastly, while ON Semiconductor management expects sub-seasonal results in the first half of calendar 2025, Bolton noted the company is highly leveraged to a cyclical recovery and could see the name perform well in the second half of calendar 2025.
Bolton noted Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) (Buy, $160 price target), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), and Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) (Buy, $120 price target) will all benefit from the strong unit growth of XPUs, both general purpose GPUs and hyperscaler custom ASICs, over the coming years.
Bolton&#8217;s favorite ways to play the connectivity trend in AI data centers include:
<ul>
<li>Astera Labs Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) — Buy, $140 price target</li>
<li>Credo Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) — Buy, $80 price target</li>
<li>MACOM Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSI#NASDAQ">MTSI</a>) — Buy, $150 price target</li>
<li>Semtech Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) — Buy, $74 price target. </li>
</ul>
Bolton increased his price targets on Astera Labs $100 to $140 and Credo Technology from $70 to $80. 
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/42900314/nvidia-teams-up-with-dutch-government-to-build-cutting-edge-ai-supercomputer-facility" target="_blank" rel="noreferrer noopener">Nvidia Teams Up with Dutch Government to Build Cutting-Edge AI Supercomputer Facility</a></li>
</ul>
Image: Shutterstock

Nvidia, Broadcom, Marvell Positioned For Growth As AI Demand Drives Semiconductor Momentum

$3,000,000,000 aggregate principal amount of its senior notes, consisting of $1,100,000,000 aggregate principal amount of its 4.800% senior notes due2028 (the &quot;2028 Notes&quot;), $800,000,000 aggregate principal amount of its 5.050% senior notes due 2030 (the &quot;2030 Notes&quot;) and $1,100,000,000aggregate principal amount of its 5.200% senior notes due 2032 (the &quot;2032 Notes&quot; and together with the 2028 Notes and the 2030 Notes, the &quot;Notes&quot;).The Notes were registered under the Securities Act of 1933, as amended (the &quot;Act&quot;), pursuant to the Company&#39;s registration statement on FormS-3ASR 
&nbsp;(File 
No. 333-280715) 
&nbsp;(the &quot;Registration Statement&quot;), dated July 8, 2024. On January 8, 2025, the Company filed with the U.S. Securities andExchange Commission (the &quot;SEC&quot;) a prospectus supplement (the &quot;Prospectus Supplement&quot;), containing the final terms of the Notes pursuant to Rule424(b)(2) of the Act. The Notes were sold pursuant to the Underwriting Agreement and were issued pursuant to the Prospectus Supplement. The Notesare governed by the Indenture, dated July 12, 2024 (the &quot;Base Indenture&quot;), between the Company and Wilmington Trust, National Association, astrustee (the &quot;Trustee&quot;), as supplemented by the Supplemental Indenture No. 3, dated January 10, 2025 (the &quot;Supplemental Indenture&quot;), between theCompany and the Trustee.The 2028 Notes will mature on April 15, 2028, the 2030 Notes will mature on April 15, 2030 and the 2032 Notes will mature on April 15, 2032.The Notes are unsecured, unsubordinated obligations of the Company and will rank equally in right of payment with all of the Company&#39;s existing andfuture unsecured, unsubordinated indebtedness, liabilities and other obligations. The Notes will not be guaranteed by any of the Company&#39;s subsidiariesand will therefore be structurally subordinated to the indebtedness and other liabilities of the Company&#39;s subsidiaries.The Company expects to use the net proceeds received from the issuance of the Notes for general corporate purposes and for repayment of debt

Offerings

Reported Jan 10, 2025: Broadcom Issues $3B Senior Notes, $1.1B At 4.8% Due 2028, $800M At 5.05% Due 2030, $1.1B At 5.2% Due 2032; To Use Proceeds For General Corporate Purposes And Debt Repayment

The iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) finds itself at a crossroads. JPMorgan&#8217;s latest technical update reveals that the Philadelphia Semiconductor Index, a benchmark for the iShares Semiconductor ETF, has largely&nbsp;been propelled&nbsp;to&nbsp;the upper limit of&nbsp;a multimonth trading range by a rally in AI-related stocks. 
Yet the index now faces stiff resistance near 5,400, raising questions about its ability to sustain a long-term rally without support from the more cyclical analog <a href="https://www.benzinga.com/topic/semiconductors">semiconductor </a>group.
AI has been transforming industries and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42921523/nvidias-lead-expands-analyst-says-ai-demand-remains-very-strong">driving demand</a> for semiconductors. Leading chipmakers like Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) have led the rally, riding the AI wave. Nvidia&#8217;s advanced Blackwell GPUs and Broadcom's custom AI accelerators enjoy solid market interest. JPMorgan warns the heavy reliance on AI names could be risky, as the analog semiconductor group, closely linked with global manufacturing cycles, dawdles.
JPMorgan said the analog segment is not performing up to par and this is consistent with with the PMI level globally being around 50, indicating a certain level of pessimism. SOXX would need participation from this segment to break out of its trading range and sustain a broader rally.
&#8220;We also highlight just how correlated the analog group is to the global manufacturing cycle, with the current pricing roughly in line with a 50 global manufacturing PMI reading. That coincides with the US exceptionalism theme that seems priced across markets in other asset classes,&#8221; JPMorgan analysts said in a note. 
<h3 class="wp-block-heading">Why SOXX Still Holds Promise</h3>
Despite these concerns, SOXX offers a strong value proposition for investors looking for exposure to the semiconductor industry&#8217;s growth. The ETF, which focuses solely on chip companies, is expected to capitalize on the AI spending boom. With Nvidia, Broadcom and Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) accounting for significant portions of its portfolio, SOXX bets heavily on the sector's leaders.
Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) alone are projected to spend $300 billion on AI infrastructure by 2025, according to a November report by Business Insider citing Morgan Stanley. This influx of investment bodes well for the ETF, which has holdings in nearly every key hardware stock involved in the AI revolution. With a 7.84% weighting in the ETF, Nvidia will expose investors to its industry leading advancements, whereas diversification within the AI hardware universe will come from Broadcom (with 10.94% weightage) and AMD (6.87%).
<h3 class="wp-block-heading">Watchful Optimism</h3>
JPMorgan's analysis brings both opportunities and risks for iShares Semiconductor ETF to the spotlight. For instance, a 2-point improvement in global manufacturing PMI could open up a 20% upside for the analog semiconductor group, as analyzed by JP Morgan. This can potentially improve the overall performance of iShares Semiconductor ETF. Conversely, the dependence of the ETF on AI-driven growth makes it sensitive to setbacks of the highly fragmented broader semiconductor market.
See Next: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42922934/oil-stocks-rally-on-anticipation-of-stricter-russian-sanctions-heres-how-etfs-are-reacting">Oil Stocks Rally On Anticipation Of Stricter Russian Sanctions: Here&#8217;s How ETFs Are Reacting</a></li>
</ul>
Photo: Shutterstock.

Analyst Color

Sector ETFs

ETFs

AMZN

Semiconductor ETF Faces Key Resistance In AI-Driven Surge: Analyst

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and peer chip stocks, including Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), are trading lower Friday as the chip companies <a target="_blank" href="https://www.benzinga.com/government/regulations/25/01/42897081/nvidia-and-ai-chip-stocks-brace-for-impact-as-biden-administration-considers-new-china-export-ban-report" rel="noreferrer noopener">remain susceptible to</a> potential sanctions on China regarding artificial intelligence chip exports.
The Biden administration could restrict Nvidia&#8217;s AI chip shipments with three-tier export rules favoring allies like Taiwan and barring Tier 3 nations like China.
The Chinese semiconductor equipment industry was estimated to reach $230 billion in 2024, <a target="_blank" href="https://www.statista.com/statistics/1345380/china-size-of-the-semiconductor-equipment-market/" rel="noreferrer noopener">according to</a> Statista.
Also Read: <a href="https://www.benzinga.com/25/01/42900314/nvidia-teams-up-with-dutch-government-to-build-cutting-edge-ai-supercomputer-facility" target="_blank" rel="noreferrer noopener">Nvidia Teams Up with Dutch Government to Build Cutting-Edge AI Supercomputer Facility</a>
Also on Friday, Taiwan Semiconductor <a href="https://www.benzinga.com/government/regulations/25/01/42907937/taiwan-semiconductor-hits-26-3-billion-q4-revenue-reportedly-ends-powerair-deal-over-huawei-chip-breach-amid-us-sanctions" target="_blank" rel="noreferrer noopener">reported consolidated revenue</a> of 2.89 trillion New Taiwan dollars between January and December 2024 (up by 33.9% year-on-year), implying it made a consolidated revenue of 868.46 billion New Taiwan dollars ($26.3 billion versus a consensus of $26.2 billion) for the December quarter, up from $19.62 billion a year ago.
Goldman Sachs analyst Toshiya Hari pointed out that the semiconductor and semiconductor capital equipment sectors offer significant potential for generating alpha in 2024, particularly among companies supporting the build-out of AI infrastructure.
<h3 class="wp-block-heading">Top Performers in AI Infrastructure</h3>
Several stocks in the sector have greatly outperformed the broader market, delivering strong returns:
<ul>
<li>Credo Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) +245%</li>
<li>Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) +171%</li>
<li>Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) +108%</li>
<li>Marvell Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) +83%</li>
<li>Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) +64%</li>
</ul>
<h3 class="wp-block-heading">Underperformers in Analog, MCU, and Power</h3>
In contrast, stocks in the Analog, MCU, and Power sectors have significantly underperformed, with notable declines in:
<ul>
<li>Microchip Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) -36%</li>
<li>Qorvo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>) -38%</li>
<li>ON Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) -25%</li>
<li>Skyworks Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>) -21%</li>
</ul>
<h3 class="wp-block-heading">Weak Performance in Semiconductor Capital Equipment</h3>
Similarly, stocks in the Semiconductor Capital Equipment and Materials segments also lagged behind, including:
<ul>
<li>Cohu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COHU#NASDAQ">COHU</a>) -25%</li>
<li>Entegris, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTG#NASDAQ">ENTG</a>) -17%</li>
<li>Lam Research Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) -8%</li>
<li>Applied Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) +&lt;1%</li>
<li>KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) +8%</li>
</ul>
In 2025, Hari recommended investors to own industry leaders in AI and cyclical names as he expected the magnitude of AI earnings beats to moderate, while he envisioned earnings revisions in broad-based semiconductors to turn positive in the latter half of the year. Hari&#8217;s Buy-rated ideas include Nvidia, Broadcom, Lam Research, Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Teradyne, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) (also on the Conviction List) and Entegris.
Hari noted Nvidia&#8217;s GPU as the industry standard, which is supported by the company&#8217;s large installed base, robust developer ecosystem, and presence in all major Clouds. Nvidia and its partners&#8217; ability to innovate will help them preserve their moat.
Broadcom is favorably positioned alongside Nvidia, backed by continued growth in the AI Semiconductor business with a potential acceleration in Networking, a recovery in the cyclical parts of its Semiconductor portfolio, sustained revenue growth, and margin expansion in Software.
In 2025, although challenging supply-demand dynamics in conventional DRAM and NAND are likely to keep a lid on Street estimates and Micron&#8217;s valuation multiple in the near term, Hari expects share gains in HBM and enterprise SSD, together with a gradually improving supply-demand backdrop in conventional DRAM and NAND, to catalyze positive EPS revisions and, in turn, better relative stock price performance.
Hari expects Lam Research to outperform its immediate peers in 2025. In addition to a quarterly recovery in the overall Wafer Fab Equipment market, he expects idiosyncratic drivers such as the adoption of Gate-All-Around transistors in leading-edge Foundry/Logic and the resumption of technology transitions in 3D NAND to support revenue growth that exceeds the overall WFE market.&nbsp;&nbsp;
Hari expects Teradyne to benefit from share gains in Compute SoC test, HBM test, recovery in Mobile SoC test and stabilization and /acceleration in Robotics revenue growth.
The analyst also upgraded NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) from Neutral to Buy and downgraded AMD from Buy to Neutral.
The NXP upgrade reflects the analyst&#8217;s belief that the Automotive MCUs market will begin to price in a cyclical recovery in 2025. Additionally, NXP is taking sufficient strategic steps, mainly its growing focus on the Chinese OEMs, to gain a share in the Automotive semiconductor market over the medium to long run. There is ample potential for NXP&#8217;s gross and operating margins to expand on a cross-cycle basis.
Although Hari remains constructive on the company&#8217;s ability to take share from Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) in x86-based computing across PCs and traditional servers, the analyst is increasingly concerned that the rise of Arm-based custom CPUs coupled with the competitive intensity in accelerated computing will weigh on AMD&#8217;s revenue growth relative to peers, exert upward pressure on AMD&#8217;s operating expenditure profile and, in turn, weigh on the stock&#8217;s multiple. 
The underperformance reflects weakness in PC and traditional end-demand and, more recently, slower-than-expected growth in Data Center GPUs.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/42896233/japanese-chipmaker-rapidus-sets-sights-on-broadcom-to-emulate-taiwan-semiconductors-market-dominance" target="_blank" rel="noreferrer noopener">Japanese Chipmaker Rapidus Sets Sight on Broadcom to Emulate Taiwan Semiconductor&#8217;s Market Dominance</a></li>
</ul>
Photo: Shutterstock

Upgrades

Downgrades

AMAT

COHU

ENTG

KLAC

LRCX

MCHP

NXPI

QRVO

SWKS

Nvidia, Broadcom Among Goldman Highlights For AI Opportunities

Mizuho analyst Vijay Rakesh maintains Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) with a Outperform and raises the price target from $245 to $260.

Mizuho Maintains Outperform on Broadcom, Raises Price Target to $260

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$135.00</td>
<td>$28.6K</td>
<td>38.9K</td>
<td>27.8K</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/10/25</td>
<td>$32.00</td>
<td>$46.5K</td>
<td>819</td>
<td>5.5K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$420.00</td>
<td>$31.5K</td>
<td>10.5K</td>
<td>4.8K</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$99.00</td>
<td>$31.9K</td>
<td>2.6K</td>
<td>4.7K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/10/25</td>
<td>$70.00</td>
<td>$50.2K</td>
<td>13.1K</td>
<td>4.6K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$235.00</td>
<td>$90.0K</td>
<td>1.8K</td>
<td>3.0K</td>
</tr>
<tr>
<td>MCHP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$57.50</td>
<td>$62.9K</td>
<td>351</td>
<td>1.8K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$335.00</td>
<td>$33.0K</td>
<td>1.8K</td>
<td>1.6K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/31/25</td>
<td>$20.00</td>
<td>$79.0K</td>
<td>3.1K</td>
<td>1.3K</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$220.00</td>
<td>$130.0K</td>
<td>4.5K</td>
<td>853</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a put option trade that happens to be neutral, expiring in 7 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $28.6K, with a price of $286.0 per contract. There were 38952 open contracts at this strike prior to today, and today 27880 contract(s) were bought and sold. 
• For IONQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 300 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $46.5K, with a price of $155.0 per contract. There were 819 open contracts at this strike prior to today, and today 5537 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on January 17, 2025. This event was a transfer of 70 contract(s) at a $420.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $451.0 per contract. There were 10538 open contracts at this strike prior to today, and today 4834 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 370 contract(s) at a $99.00 strike. This particular put needed to be split into 82 different trades to become filled. The total cost received by the writing party (or parties) was $31.9K, with a price of $86.0 per contract. There were 2634 open contracts at this strike prior to today, and today 4757 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 150 contract(s) at a $70.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $50.2K, with a price of $335.0 per contract. There were 13165 open contracts at this strike prior to today, and today 4686 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on January 24, 2025. Parties traded 200 contract(s) at a $235.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $90.0K, with a price of $450.0 per contract. There were 1822 open contracts at this strike prior to today, and today 3073 contract(s) were bought and sold. 
• Regarding MCHP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>), we observe a call option sweep with bearish sentiment. It expires in 42 day(s) on February 21, 2025. Parties traded 262 contract(s) at a $57.50 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $62.9K, with a price of $240.0 per contract. There were 351 open contracts at this strike prior to today, and today 1833 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 50 contract(s) at a $335.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $660.0 per contract. There were 1881 open contracts at this strike prior to today, and today 1637 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bearish, expiring in 21 day(s) on January 31, 2025. This event was a transfer of 1000 contract(s) at a $20.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $79.0K, with a price of $79.0 per contract. There were 3114 open contracts at this strike prior to today, and today 1300 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a put option trade that happens to be bearish, expiring in 42 day(s) on February 21, 2025. This event was a transfer of 125 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $130.0K, with a price of $1040.0 per contract. There were 4570 open contracts at this strike prior to today, and today 853 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

IONQ

MARA

MSTR

10 Information Technology Stocks Whale Activity In Today's Session

WIIM

LEDS

RMBS

Shares of semiconductor stocks are trading lower amid a push by US President Biden to curb AI chip exports to China.

Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) has outperformed the market over the past 5 years by 36.91% on an annualized basis producing an average annual return of 49.39%. Currently, Broadcom has a market capitalization of $1.06 trillion. 
Buying $100 In AVGO: If an investor had bought $100 of AVGO stock 5 years ago, it would be worth $761.37 today based on a price of $228.11 for AVGO at the time of writing.
<h3>Broadcom's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736464509_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Broadcom 5 Years Ago Would Be Worth This Much Today

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/10/25</td>
<td>$141.00</td>
<td>$27.7K</td>
<td>51.7K</td>
<td>71.6K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$330.00</td>
<td>$31.9K</td>
<td>3.1K</td>
<td>17.1K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$425.00</td>
<td>$33.6K</td>
<td>4.4K</td>
<td>10.9K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/10/25</td>
<td>$69.00</td>
<td>$28.0K</td>
<td>5.8K</td>
<td>7.3K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$240.00</td>
<td>$73.0K</td>
<td>8.7K</td>
<td>4.6K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/31/25</td>
<td>$240.00</td>
<td>$60.9K</td>
<td>6.4K</td>
<td>2.7K</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.00</td>
<td>$176.0K</td>
<td>8.4K</td>
<td>1.6K</td>
</tr>
<tr>
<td>IONQ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$22.50</td>
<td>$47.2K</td>
<td>371</td>
<td>741</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/14/25</td>
<td>$35.00</td>
<td>$69.6K</td>
<td>22</td>
<td>470</td>
</tr>
<tr>
<td>APP</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/10/25</td>
<td>$330.00</td>
<td>$61.0K</td>
<td>814</td>
<td>466</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 157 contract(s) at a $141.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $177.0 per contract. There were 51798 open contracts at this strike prior to today, and today 71615 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on January 10, 2025. Parties traded 47 contract(s) at a $330.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $31.9K, with a price of $680.0 per contract. There were 3109 open contracts at this strike prior to today, and today 17111 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 150 contract(s) at a $425.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $224.0 per contract. There were 4490 open contracts at this strike prior to today, and today 10942 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a put option trade that happens to be bullish, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 200 contract(s) at a $69.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $140.0 per contract. There were 5867 open contracts at this strike prior to today, and today 7376 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a call option trade with bullish sentiment. It expires in 8 day(s) on January 17, 2025. Parties traded 360 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $73.0K, with a price of $203.0 per contract. There were 8796 open contracts at this strike prior to today, and today 4689 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a put option trade that happens to be bearish, expiring in 22 day(s) on January 31, 2025. This event was a transfer of 127 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $60.9K, with a price of $480.0 per contract. There were 6456 open contracts at this strike prior to today, and today 2727 contract(s) were bought and sold. 
• For CORZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>), we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on January 17, 2025. This event was a transfer of 800 contract(s) at a $12.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $176.0K, with a price of $220.0 per contract. There were 8418 open contracts at this strike prior to today, and today 1651 contract(s) were bought and sold. 
• For IONQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), we notice a put option sweep that happens to be bullish, expiring in 43 day(s) on February 21, 2025. This event was a transfer of 193 contract(s) at a $22.50 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $47.2K, with a price of $245.0 per contract. There were 371 open contracts at this strike prior to today, and today 741 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option trade that happens to be bullish, expiring in 36 day(s) on February 14, 2025. This event was a transfer of 200 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $69.6K, with a price of $348.0 per contract. There were 22 open contracts at this strike prior to today, and today 470 contract(s) were bought and sold. 
• For APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we notice a put option trade that happens to be neutral, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 100 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $61.0K, with a price of $610.0 per contract. There were 814 open contracts at this strike prior to today, and today 466 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Core Scientific, Inc. - Class A Common Stock

CORZ

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and rival <a target="_blank" href="https://www.benzinga.com/topic/chip-stocks" rel="noreferrer noopener">semiconductor chip companies</a> could be hit with one more embargo from the Biden administration to China to concentrate artificial intelligence technology development with allies and on Washington&#8217;s terms.
The Biden government weighed a fresh sanction on the export of AI chips used in data centers on both a country and company basis before passing the baton to the Republican government headed by Donald Trump on January 20, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-01-08/biden-to-further-limit-nvidia-amd-ai-chip-exports-in-final-push?sref=TBDibEcD" target="_blank" rel="noreferrer noopener">reports</a>.
Washington could enact three tiers of chip curbs, Bloomberg reported, citing unnamed sources familiar with the matter.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/42883519/nvidias-push-into-advanced-ai-and-data-centers-fuels-analyst-optimism" rel="noreferrer noopener">Wall Street Bullish on Nvidia Following Advanced AI Development Announcement at CES 2025</a>
U.S. allies, including Germany, the Netherlands, Japan, South Korea, and Taiwan, can avail themselves of unrestricted access to American chips in the first tier, according to Bloomberg&#8217;s report.
U.S.-headquartered companies can apply for universal validated end-user designation after maintaining at least 50% of their total computing power on American soil.
Companies can deploy computing power, and firms headquartered apply for U.S. government permission to ship chips to data centers provided that only up to 25% of their total computing power is located outside of Tier 1 countries and up to 7% in any one Tier 2 country.
According to the report, countries under the second tier can ship maximum computing power to a nation of up to 50,000 graphic processing units from 2025 to 2027.
However, individual companies can expand their limits subject to VEU status in each country where they wish to build data centers.
The third, most restrictive tier affects China, Macau, Russia, and all countries where the U.S. maintains an arms embargo, Bloomberg noted. Shipments to data centers in those places are prohibited.
The U.S. sanctions will also limit the export of closed AI model weights. Companies cannot host robust closed model weights in Tier 3 countries.
Leading AI beneficiaries included Nvidia, Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), and Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), reaching trillion-dollar valuations in 2024.
The Biden government&#8217;s semiconductor sanctions intensified with the 2020 pandemic in China, which disrupted global semiconductor supply chains and triggered a semiconductor chip crisis.
The U.S. and other countries remain focused on ramping up their semiconductor base domestically to mitigate unwarranted disruptions. Previously, the U.S. canvassed its allies to <a target="_blank" href="https://www.benzinga.com/24/12/42289269/taiwan-semiconductor-supplier-asml-remains-unscathed-from-bidens-latest-semiconductor-embargo-on-china" rel="noreferrer noopener">restrict semiconductor exports</a> to China, citing national security threats.
<a target="_blank" href="https://www.benzinga.com/25/01/42813592/ai-chip-stocks-nvidia-broadcom-amd-taiwan-semi-micron-super-micro-surge-on-monday-whats-going-on" rel="noreferrer noopener">Semiconductor chip stocks</a> experienced significant growth in 2024, driven by the AI boom that fueled the S&amp;P 500 and Nasdaq indices to rise by 23%–29%.
A third of the world&#8217;s 10 companies with valuations exceeding $1 trillion in 2024 belonged to the chip industry.
Nvidia&#8217;s valuation crossed $3 trillion in 2024, as its GPUs became essential for developing AI models. Similarly, Broadcom remained propelled by demand for its custom chips from Big Tech giants.
Nvidia and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) supplier Taiwan Semiconductor advanced its production roadmap, remaining on course to manufacture 2nm chips in Taiwan and commercialize 4nm chips at its Arizona facility.
Nvidia had maintained a lack of impact from the semiconductor embargo. However, peer chip companies canvassed the government to go softer on their sanctions on China.
Price Action: NVDA stock closed lower by 0.02% at $140.11 Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/42882959/intel-partners-with-amazon-cloud-to-drive-next-gen-smart-vehicle-tech" target="_blank" rel="noreferrer noopener">Intel Partners with Amazon Cloud to Drive Next-Gen Smart Vehicle Tech, Wins Stellantis, Karma Auto As Clients</a></li>
</ul>
Image via Shutterstock

Government

Regulations

Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report

Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) could soon avail <a target="_blank" href="https://www.benzinga.com/topic/chipmakers" rel="noreferrer noopener">2-nm chip samples</a> from Japan&#8217;s Rapidus starting in&nbsp;June.
The development marks the Japanese chipmaker&#8217;s efforts to emulate key contract chipmaker Taiwan&nbsp;Semiconductor Manufacturing Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) strategy, which catapulted it into the trillion-dollar market cap, Nikkei Asia <a target="_blank" href="https://asia.nikkei.com/Business/Tech/Semiconductors/Rapidus-aims-to-supply-cutting-edge-2-nm-chip-samples-to-Broadcom" rel="noreferrer noopener">reports</a>.
<a target="_blank" href="https://www.benzinga.com/government/22/12/30054231/rapidus-eyes-big-investment-to-boost-japans-chip-trajectory-collaborates-with-ibm-to-commercialize-2" rel="noreferrer noopener">Prior reports indicated</a> that International Business Machines Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) and Rapidus are co-developing IBM&#8217;s 2-nm node technology for&nbsp;implementation at Rapidus&#8217; fab in Japan.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/42825654/rivians-strong-deliveries-r2-line-plans-and-vw-jv-expansion-drive-analyst-optimism" rel="noreferrer noopener">Rivian&#8217;s Strong Deliveries, R2 Line Plans And VW JV Expansion Drive Analyst Optimism</a>
Rapidus is backed by&nbsp;Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>),&nbsp;Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>), and six other Japanese companies
Lately, countries including the U.S., Europe, Japan, and others have focused on consolidating their semiconductor base to reduce dependence on China after the 2020 pandemic disrupted global supply chains, triggering a severe semiconductor chip crisis.
Over the <a target="_blank" href="https://www.benzinga.com/news/24/07/39926002/after-donald-trumps-recent-taiwan-statement-sent-shockwaves-japans-pm-kishida-reveals-new-bill-to-bo" rel="noreferrer noopener">past three years</a>, Japan committed ~¥4 trillion ($26 billion) to boost its semiconductor sectors. Up to ¥920 billion of the subsidy went to Rapidus to help produce advanced chips.
Taiwan Semiconductor already has a 2-nm wafer plant in Baoshan, Hsinchu County, scheduled for <a target="_blank" href="https://www.benzinga.com/24/12/42721526/taiwan-semiconductors-kaohsiung-expansion-to-boost-jobs-and-2-nm-chip-production" rel="noreferrer noopener">mass production in 2025</a>.
Taiwan Semiconductor Chair C.C. Wei had highlighted interest in its 2-nm process, which prompted it to ramp up production capacity.
Taiwan Semiconductor&#8217;s additional facilities in Kaohsiung&nbsp;will likely start <a target="_blank" href="https://www.benzinga.com/24/11/42241689/taiwan-semiconductors-advanced-2nm-chips-to-hit-us-market-by-2028" rel="noreferrer noopener">2-nm production in 2026</a>. It is constructing two advanced fabs in Arizona, with plans to commercialize chips using 3-nm and 2-nm processes in 2028.
Meanwhile, Broadcom, which emerged as the most valuable chip company after Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), is set for a <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40505439/broadcom-secures-major-wins-with-openai-google-meta-as-it-targets-150b-ai-market" rel="noreferrer noopener">$150 billion AI opportunity</a> per JPMorgan&#8217;s Harlan Sur.
This opportunity is backed by its 2-nm and 3-nm technology and strong partnerships with Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, and Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). Broadcom bagged multi-generational AI ASIC programs with OpenAI and a fifth major customer, all set for a 2026 ramp-up.
Wedbush&#8217;s Dan Ives <a target="_blank" href="https://www.benzinga.com/25/01/42813592/ai-chip-stocks-nvidia-broadcom-amd-taiwan-semi-micron-super-micro-surge-on-monday-whats-going-on" rel="noreferrer noopener">expects tech stocks</a> to gain 25% in 2025, backed by President-elect&nbsp;Donald Trump&#8217;s policies and Big Tech spending.
Investors can gain exposure to semiconductor stocks through VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>).
Price Action: AVGO stock closed at $228.64 on Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/42793394/nvidias-2-trillion-ai-rally-fueled-by-chips-startups-and-robotics" target="_blank" rel="noreferrer noopener">Nvidia&#8217;s $2 Trillion AI Rally In 2024 Fueled by Chips, Startups, and Robotics</a></li>
</ul>
Photo via Shutterstock

Asia

Sony Group Corporation American Depositary Shares

SONY

Japanese Chipmaker Rapidus Sets Sight on Broadcom to Emulate Taiwan Semiconductor's Market Dominance

Deep-pocketed investors have adopted a bullish approach towards Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AVGO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 50 extraordinary options activities for Broadcom. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 62% leaning bullish and 22% bearish. Among these notable options, 20 are puts, totaling $1,445,519, and 30 are calls, amounting to $2,569,643.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $110.0 to $280.0 for Broadcom over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Broadcom stands at 3176.3, with a total volume reaching 13,952.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Broadcom, situated within the strike price corridor from $110.0 to $280.0, throughout the last 30 days.
<h3>Broadcom Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736359271_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$82.4</td>
<td>$80.75</td>
<td>$81.55</td>
<td>$160.00</td>
<td>$405.5K</td>
<td>3.6K</td>
<td align="right">50</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$8.85</td>
<td>$8.4</td>
<td>$8.6</td>
<td>$136.00</td>
<td>$344.0K</td>
<td>158</td>
<td align="right">401</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$79.9</td>
<td>$77.55</td>
<td>$79.9</td>
<td>$150.00</td>
<td>$319.6K</td>
<td>17.3K</td>
<td align="right">73</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$12.7</td>
<td>$12.5</td>
<td>$12.55</td>
<td>$200.00</td>
<td>$313.7K</td>
<td>4.3K</td>
<td align="right">532</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$28.3</td>
<td>$27.1</td>
<td>$27.05</td>
<td>$200.00</td>
<td>$270.5K</td>
<td>17.8K</td>
<td align="right">155</td>
</tr>
</tbody>
</table>

<h3>About Broadcom</h3>
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
Having examined the options trading patterns of Broadcom, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Broadcom</h3>
<ul>
<li>Currently trading with a volume of 7,796,945, the AVGO's price is down by -0.38%, now at $227.77. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 57 days.</li>
</ul>
<h3>Professional Analyst Ratings for Broadcom</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $227.6.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Baird persists with their Outperform rating on Broadcom, maintaining a target price of $210. 
&#x2A; Consistent in their evaluation, an analyst from Rosenblatt keeps a Buy rating on Broadcom with a target price of $250. 
&#x2A; An analyst from Morgan Stanley persists with their Overweight rating on Broadcom, maintaining a target price of $233. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Broadcom, targeting a price of $220. 
&#x2A; An analyst from Susquehanna has decided to maintain their Positive rating on Broadcom, which currently sits at a price target of $225. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Broadcom with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Broadcom's Options: A Look at What the Big Money is Thinking

The trading activity of Congress members is drawing increasing attention from retail traders and political analysts, with platforms like Benzinga's Government Trades page providing <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent010725">detailed analysis of their trades.</a>
A new report shows that several members of Congress beat the overall market by a significant margin in 2024.
What Happened: The overall stock market soared in 2024 with major stock indexes like the S&amp;P 500, which is tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), making multiple new all-time highs throughout the year.
A new <a href="https://unusualwhales.com/congress-trading-report-2024">report </a>from Unusual Whales shows that the majority of members of Congress who held five or more stocks in 2024 saw their portfolios post a higher gain than the S&amp;P 500 for the year.
The average gains were 31.1% for Democrats and 26.1% for Republicans, versus a gain of 24.9% for the SPY, based on the Dec. 29, 2024 to Dec. 30, 2024 time period.
Check This Out:
<ul>
<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades">Get Tips </a><a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent010725">On </a><a href="https://www.benzinga.com/gov-trades">What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Top 10 Stock Traders in Congress: Unusual Whales compiled the returns of the members of Congress. The returns are based on the gains from the start of 2024 to the end and do not take the holding time into account.
Here's a look at the top 10 for 2024:
<ol>
<li>David Rouzer (R-N.C.), Representative, +149.0%</li>
<li>Debbie Schultz (D-Fla.), Representative, +142.3%</li>
<li>Ron Wyden (D-Ore.), Senator, +123.8%</li>
<li>Roger Williams (R-Texas), Representative, +111.2%</li>
<li>Morgan McGarvey (D-Ky.), Representative, +105.8%</li>
<li>Larry Bucshon (R-Ind.), Representative, +98.6%</li>
<li>Pete Sessions (R-Texas), Representative, +77.5%</li>
<li>Susan Collins (R-Maine), Senator, +77.5%</li>
<li>David Kustoff (R-Tenn.), Representative, +71.5%</li>
<li>Nancy Pelosi (D-Calif.), Representative, +70.9%</li>
</ol>
This year's list includes two Senators and eight Representatives. The list also includes four Democrats and six Republicans.
Several of these figures have appeared on past lists. Rouzer was ranked fourth in the 2023 report and seventh in the 2021 report. Schultz ranked second in the 2022 report. Wyden ranked sixth in the 2023 report. Sessions ranked 10th in the 2023 report. Pelosi was ranked ninth in the 2023 report and ranked sixth in the 2021 report.
Ranking outside the top 10 are several notable names, including Dan Crenshaw, 13th at +61.3%, Mitch McConnell, 21st at +42.4%, and Marjorie Taylor Greene, 23rd at +30.2%.
Greene, who took a small break from trading, has been actively buying stocks in the second half of 2024, including many technology names.
For more on Congress trading history on an annual basis, see Benzinga's coverage of the Unusual Whales reports from <a href="https://www.benzinga.com/general/politics/24/01/36459015/10-best-stock-traders-in-congress-in-2023-spoiler-nancy-pelosi-is-back-on-the-list">2023</a>, <a href="https://www.benzinga.com/government/23/01/30260466/10-best-stock-traders-in-congress-in-2022-spoiler-nancy-pelosi-isnt-no-1">2022 </a>and <a href="https://www.benzinga.com/news/22/02/25337519/10-best-stock-traders-in-congress-in-2021-spoiler-nancy-pelosi-isnt-no-1" target="_blank" rel="noreferrer noopener">2021</a>.
Unusual Whales notes that Rouzer mainly holds ETFs and is not an active trader. His ownership of NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and other stocks helped boost his 2024 return.
While most the names included own at least five stocks, Bucshon is an exception with his only active stock held being Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>). Unusual Whales said the representative bought the stock in 2021 and hit break even in 2024.
The report also makes special mention of Pelosi, calling her "the greatest options trader of all time." Pelosi's transactions have <a href="https://www.benzinga.com/markets/options/24/10/41459593/nvidia-stock-hits-all-time-highs-heres-how-much-nancy-pelosis-500-call-options-are-worth-today">gained a wide following</a> with the transactions coming from her husband Paul Pelosi and later disclosed by the former Speaker of the House.
Some top options for Pelosi include Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Nvidia, which were up 93%, 97% and 273% respectively in 2024.
Pelosi's trades are often in-the-money options years from expiration that can later be exercised into stock positions.
McGarvey had one of the more <a href="https://www.benzinga.com/markets/equities/24/12/42447434/democratic-congressman-bought-djt-stock-after-2024-election-months-after-saying-donald-trump-unfit-to-serve">unusual trades in 2024</a> with a disclosure saying the Democrat bought shares of Trump Media &amp; Technology Group shortly after Donald Trump won the 2024 presidential election. The Representative later disclosed that the stock was sold for a loss, and the purchase was made without McGarvey's knowledge.
Bucshon appeared on the 2024 list, but could be left off in the future, as he did not seek re-election in the 2024 election and is now out of Congress.
What's Next: Several members of Congress have pushed for a ban on Congressional trading, including Representative Ro Khanna (D-Calif.).
Khanna told <a href="https://www.benzinga.com/general/politics/24/05/39096827/exclusive-khanna-says-shameful-congress-members-profited-from-stocks-calls-for-trading-ban-makin">Benzinga last year </a>that he will continue advocating for a congressional vote to ban the practice.
Khanna said that despite his continued speeches in the House advocating for a ban on stock trading, there is a "collective shrug" in Congress regarding the issue.
&#8220;It is shameful that over three years after the pandemic with the shenanigans from those senators who sold their stock after learning of the pandemic&#8221; there still hasn&#8217;t been a vote, Khanna said.
Khanna said that people were outraged at the time when several senators sold their stocks in tourism and other sectors that would be hurt, knowing that the economy could crash from the COVID-19 pandemic.
&#8220;Senators making money when the rest of the country was suffering during the pandemic.&#8221;
Without a bill to vote on, members of Congress are currently allowed to buy and sell stocks, options and <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42778468/congressman-buys-more-ski-mask-dog-coin-will-meme-coin-hit-new-all-time-highs-on-latest-disclosure">even meme cryptocurrencies</a> as long as they properly disclose the transaction within 45 days.
Investors can get exposure to the disclosed trading activity of members of Congress with the Series Portfolios Trust Unusual Whales Subversive Democratic Trading ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/NANC#BATS">NANC</a>) and the Series Portfolios Trust Unusual Whales Subversive Republican Trading ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/KRUZ#BATS">KRUZ</a>).
Read Next: 
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<li><a href="https://www.benzinga.com/24/12/42747345/marjorie-taylor-green-went-christmas-shopping-for-stocks-heres-what-she-bought-before-holiday">Marjorie Taylor Greene Went Christmas Shopping For Stocks, Here&#8217;s What She Bought Before Holiday</a></li>
</ul>
Photo: Shutterstock

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Top 10 Stock Traders In Congress For 2024: How Nancy Pelosi, Pete Sessions, Susan Collins, Marjorie Taylor Greene Rank

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Shares of companies within the broader tech sector are trading lower amid overall market weakness following recent economic data and a rise in yields. Also, the sector may be falling in response to a recent pullback in NVIDIA as investors evaluate CES announcements.

China-linked <a href="https://www.benzinga.com/24/12/42713217/nine-telecommunication-companies-hacked-as-part-of-salt-typhoon">Salt Typhoon hackers </a>breached nine companies, <a href="https://www.benzinga.com/24/12/42477300/russian-state-backed-hackers-target-ukrainian-military-devices-via-spacexs-starlink-microsoft-report-reveals">Russian-backed groups</a> targeted Ukrainian military devices via Starlink, and <a href="https://www.benzinga.com/24/12/42712841/google-chrome-users-beware-this-holiday-season-cyber-security-firms-browser-extension-hijacked-by-attackers">Cyberhaven&#8217;s browser extension</a> fell victim to hijacking.
These headlines kept newsrooms abuzz during the holiday season. Evidently, cybercrimes are here to stay and getting increasingly sophisticated to boot, thus necessitating larger investments in <a href="https://www.benzinga.com/topic/cybersecurity">cybersecurity</a> measures.
Here are three ETFs with exposure to cybersecurity companies for&nbsp;investors&nbsp;who don&#8217;t want to choose specific stocks, but want to reap the benefits of a hot market:
Global X Cybersecurity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUG#NASDAQ">BUG</a>) boasts assets of $806.52 million under management and an expense ratio of 0.50%. Its impressive portfolio of stocks includes the biggest names in the cybersecurity sector across the U.S., Israel, Japan and South Korea. 
Fortinet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>),  Zscalar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>), Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), and CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) are among the top 10 holdings, with 6.92%, 6.76%, 5.85%, 5.75%, 5.68%, and 5.14% allocations, respectively. Coming to some numbers, a Return on Equity of 17.80% and a drop in the P/E ratio from 48.06 in 2023 to 33.93 in 2024 might interest investors looking to cash in on the rising trend in cybersecurity.
The "O.G." cybersecurity-focused fund, the Amplify Cybersecurity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HACK#NYSE">HACK</a>) was the first ETF to hop on the cybersecurity niche bandwagon. It derives its investment strategies from the Nasdaq ISE Cyber Security Select Index, and has $1.93 billion assets under management. 81.5% of the fund is dedicated to large-cap ($10 billion and more) stocks. 
Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), with its plethora of cybersecurity products, currently holds the biggest piece of the pie at almost 14%. Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), Palo Alto, CrowdStrike, and Fortinet also hold significant portions of the fund. The ETF's expense ratio is 0.60%.
iShares Cybersecurity and Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHAK#NYSE">IHAK</a>) is owned by one of the largest financial institutions in the world, BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>). With an expense ratio of 0.47%, it is relatively cheaper than its peers. Though not entirely cybersecurity-focused, the fund with an AUM of $930 million, includes significant investments in security plays like CyberArk, Fortinet, CrowdStrike, Check Point and Palo Alto. The fund mirrors the NYSE FactSet Global Cyber Security Index, which is composed of cybersecurity companies. 
Why Investing in Cybersecurity is Important
The growth in the number of generative A.I. tools and platforms is opening doors for information technology reinvention. Simultaneously, cybercriminals have been adopting the same upgraded technology to up their games. 
In May, the FBI warned that attackers are now using A.I. tools to upgrade phishing methods. "As technology continues to evolve, so do cybercriminals&#8217; tactics. Attackers are leveraging AI to craft highly convincing voice or video messages and emails to enable fraud schemes against individuals and businesses alike," said FBI Special Agent in Charge Robert Tripp.
&#8220;These sophisticated tactics can result in devastating financial losses, reputational damage, and compromise of sensitive data," read an <a href="https://www.fbi.gov/contact-us/field-offices/sanfrancisco/news/fbi-warns-of-increasing-threat-of-cyber-criminals-utilizing-artificial-intelligence">excerpt</a> from its note to media last May.
Moreover, Statista <a href="https://www.statista.com/forecasts/1280009/cost-cybercrime-worldwide">projects </a>that the global &#8220;Estimated Cost of Cybercrime&#8221; will rise consistently between 2024 and 2029, increasing by $6.4 trillion (69.41%) to reach a peak of $15.63 trillion by 2029.
With critical infrastructure, government data, education, and personal data caught in the crosshairs, investments in cybersecurity have become the need of the hour, bringing exponential growth potential to this market.
See Next: 
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<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/01/42823961/indexperts-kicks-off-2025-with-3-etfs-offering-growth-stability-income-during-market-volatility">Indexperts Kicks Off 2025 With 3 ETFs Offering Growth, Stability, Income During Market Volatility</a></li>
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Photo: Shutterstock

Specialty ETFs

Emerging Market ETFs

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Cybercrime Surge Fuels Demand For Cybersecurity ETFs

<a href="https://www.benzinga.com/topic/semiconductors" target="_blank" rel="noreferrer noopener">Semiconductor chips stocks</a>, including Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), STMicroelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>), Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) surged during premarket trading on Monday ahead of the Consumer Electronics Show (CES) in Las Vegas on Tuesday.
The investor enthusiasm also reflects Big Tech giant Microsoft Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) plans to commit <a href="https://www.benzinga.com/25/01/42804813/microsofts-80-billion-investment-outlay-musks-battle-with-openai-and-nvidias-billion-dollar-bet-this-week-in-artificial-intelligence" target="_blank" rel="noreferrer noopener">$80 billion to</a> developing AI data centers in fiscal 2025. 
Additionally, Foxconn, also known as Hon Hai Technology, reported robust revenue in <a href="https://www.benzinga.com/news/earnings/25/01/42808796/foxconn-posts-record-revenue-rides-high-on-ai-server-demand-and-nvidia-partnership" target="_blank" rel="noreferrer noopener">the fourth quarter</a>, backed by cloud and networking products revenue and AI server demand.
Also Read: <a href="https://www.benzinga.com/25/01/42793170/alibaba-cloud-joins-forces-with-ex-google-execs-unicorn-to-boost-ai-models" target="_blank" rel="noreferrer noopener">Alibaba Cloud Joins Forces With Ex-Google Exec&#8217;s Unicorn To Boost AI Models</a>
The Taiwanese Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Nvidia supplier&#8217;s revenue grew by over 15%, reaching $64.8 billion. December revenue grew by over 42% to $19.9 billion.
Investors expect Nvidia to offer positive pointers at CES, as Focus Taiwan <a href="https://focustaiwan.tw/business/202501060009" target="_blank" rel="noreferrer noopener">cites</a> MasterLink Securities analyst Tom Tang alluding to Nvidia chief Jenseng Huang&#8216;s keynote speech at the event.
The semiconductor chip stocks had a remarkable run in 2024, backed by the AI frenzy, pivotal to the S&amp;P 500 and Nasdaq index&#8217;s&nbsp;gains of 23%—29% in 2024.
Last year, a third of the 10 global companies worth over $1 trillion valuation were from the chip industry.
Notably, Nvidia&#8217;s valuation <a target="_blank" href="https://www.benzinga.com/25/01/42793394/nvidias-2-trillion-ai-rally-fueled-by-chips-startups-and-robotics" rel="noreferrer noopener">surged by over</a> $2 trillion in 2024, breaching the $3 trillion mark. This was backed by its GPUs, which initially targeted video games but ended up being critical hardware for developing AI models. Broadcom joined the&nbsp;trillion-dollar club&nbsp;in 2024, supported by demand for its custom chips.
Contract chipmaker Taiwan Semiconductor <a target="_blank" href="https://www.benzinga.com/25/01/42784508/taiwan-semiconductors-2nm-progress-fuels-taiwan-index-musk-highlights-talent-pool" rel="noreferrer noopener">remains on track</a> to produce 2nm chips&nbsp;in Taiwan and commercialize 4nm chips at its Arizona fab. It is a key supplier to companies such as Apple, Nvidia, AMD, and more.
Dan Ives of Wedbush expects tech stocks to post a 25% gain in 2025, backed by favorable policies from President-elect Donald Trump and Big Tech spending.
Investors can gain exposure to semiconductor stocks through ProShares Ultra Semiconductors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USD#NYSE">USD</a>) and Invesco PHLX Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXQ#NASDAQ">SOXQ</a>).
Also Read:
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<li><a href="https://www.benzinga.com/25/01/42772915/li-auto-rerated-on-new-model-pipeline-and-autonomous-driving-advances-analyst" target="_blank" rel="noreferrer noopener">Goldman Sachs Sees Strong Upside In Li Auto on New Model Pipeline and Autonomous Driving Advances</a></li>
</ul>
Photo: Shutterstock

SOXQ

AI Chip Stocks Nvidia, Broadcom, AMD, Taiwan Semi, Micron, Super Micro Surge Premarket: Whats Going On?

Israel Englander's Millennium Management has made sweeping adjustments to its portfolio, including a remarkable 91,046.15% increase in Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) call options and a 94.69% increase in Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) direct holdings, according to its third quarter 13F filings with the Securities and Exchange Commission.
What Happened: The $69 billion hedge increased Alibaba call options from 5,200 contracts in the second quarter to 4.74 million contracts in the third quarter. Similarly, it raised its put options in Alibaba by 281.79%, from 1.49 million to 5.71 million contracts, while scaling back its direct shareholding in the company by 21.97%, from 2.08 million shares to 1.62 million shares.
Millennium also rebalanced its investments in other major companies. The firm reduced its stake in NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) by 12.57%, cutting its direct holdings from 12.75 million shares in the second quarter to 11.15 million shares in the third quarter. Call options on Nvidia were trimmed by 19.75%, from 15.17 million to 12.17 million contracts, while put options decreased by 21.06%, from 38.63 million to 30.50 million contracts.
The hedge fund significantly increased its position in Broadcom, nearly doubling its direct holdings to 1.15 million shares, up from 592,501 shares in the second quarter. Call options in Broadcom surged 966.56%, climbing from 271,100 to 2.89 million contracts, while put options rose 863.89%, from 492,500 to 4.75 million contracts.
See Also: <a href="https://www.benzinga.com/24/12/42735573/two-magnificent-7-giants-snubbed-in-dan-ives-top-10-tech-winners-for-the-ai-revolution-into-2025-but-palantir-salesforce-and-snowflake-made-the-cut">Palantir, Salesforce, And Snowflake Made The Cut, But 2 &#8216;Magnificent 7&#8242; Giants Left Out From Dan Ives&#8217; Top 10 Tech Winners For The AI Revolution In 2025 List</a>
In other notable moves, Millennium increased its direct holdings in Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) by 51.36%, bringing its stake from 3.04 million shares to 4.60 million shares. Call options in Microsoft rose slightly by 5.31%, from 2.91 million to 3.06 million contracts, while put options declined by 11.63%, from 4.88 million to 4.31 million contracts.
The hedge fund also adjusted its position in Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), increasing its direct holdings by 51.30%, from 440,335 shares in the second quarter to 666,095 shares in the third quarter. Call options in Tesla dropped by 17.16%, from 3.93 million to 3.26 million contracts, while put options saw a steep decline of 38.31%, from 9.10 million to 5.62 million contracts.
Why It Matters: Millennium made notable changes to its holdings in the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), raising its direct stake by 80.97%, from 3.08 million shares to 5.57 million shares. Call options in SPY decreased slightly by 2.01%, from 3.74 million to 3.67 million contracts, while put options increased by 34.89%, from 6.44 million to 8.68 million contracts.
Millennium, founded by Englander in 1989 with just $35 million, showed notable activity across other major holdings. The fund increased its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) position with a 10.8 million purchase of iShares Bitcoin Trust ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NYSE">IBIT</a>).
The investment shifts occur as Millennium <a href="https://www.benzinga.com/markets/equities/24/11/41834463/blackrock-in-early-talks-to-take-equity-stake-in-hedge-fund-giant-millennium-report">faces potential structural changes</a>. The firm is reportedly in early-stage discussions with BlackRock Inc. regarding a possible equity stake sale, which would mark the first external investment in Millennium&#8217;s management company during its 35-year history.
Englander, who began his career as a floor broker and trader on the American Stock Exchange, has maintained 100% ownership of Millennium since its inception. The firm employs multiple investment strategies, including relative value, equity arbitrage, fixed income, and quantitative approaches.
Read Next: 
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<li><a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading">&#8216;Pharma Bro&#8217; Martin Shkreli Predicts Liquidation Doom For MicroStrategy Amid Fall Below $300, Says Bitcoin Will Hit $250K Without Michael Saylor</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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