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This 40%-a-Year Fund Manager Says Semis Are STILL the Place to Be After a 100% Run
Key takeaways
- MU and AVGO posted cycle-peak results, with Micron revenue up 346% and Broadcom guiding AI chip sales to $16 billion, up 200% year over year.
- Rizzo forecasts 75%+ hyperscaler capex growth next year, pointing to Anthropic's run-rate revenue surging from $5 billion to $50 billion as proof.
- Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks.
This 40%-a-Year Fund Manager Says Semis Are STILL the Place to Be After a 100% Run Omor Ibne Ehsan Thu, July 2, 2026 at 10:31 PM GMT+7 4 min read MU AVGO NVDA AMD TROW Quick Read Rizzo holds AMD and NVDA, citing NVDA at just 14x forward earnings as proof semis remain undervalued despite a 100% run.
MU and AVGO posted cycle-peak results, with Micron revenue up 346% and Broadcom guiding AI chip sales to $16 billion, up 200% year over year.
Rizzo forecasts 75%+ hyperscaler capex growth next year, pointing to Anthropic's run-rate revenue surging from $5 billion to $50 billion as proof.
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