Better AI Stock: Lumen Technologies vs. Broadcom
Lumen(LUMN) The Motley Fool·2024-08-07 16:25
Which of these AI-driven stocks is a better buy right now? Lumen Technologies (LUMN 93.05%) and Broadcom (AVGO 1.29%) were both driven higher by the buying frenzy in artificial intelligence (AI) stocks. Over the past 12 months, Lumen's stock surged more than 70% as Broadcom's stock rallied over 60%. Lumen, the telecom company formerly known as CenturyLink, impressed the bulls by signing a new AI infrastructure deal with Microsoft and a fiber supply deal with Corning. Broadcom dazzled the market with its soa ...