Broadcom (AVGO) is set to report third-quarter earnings after the bell, which could help chip stock recover after a slump in shares of Nvidia (NVDA) and other semiconductor compa🍃niღes earlier this week.

Nvidia shares lost ground Tuesday and Wednesday, 澳洲幸运5开奖号码历史查询:erasing billions from the company's 澳洲幸运5开奖号码历史查询:market capitalization amid concerns about the chipmaker's outlook and following reports that U.S. regulators sent the company subpoenas. Nvidia denied the reports.

How Broadcom's Earnings Could Boost Investor Sentiment

Broadcom's earnings report could serve as an opportunity to highlight the AI opportunity for chipmakers, driving chip stocks out of their recent rut.

Analysts expect Broadcom's revenue and net income to grow from the year-ago period, boosted by demand for AI.♕ An earnings beat driven by AI sales could hꦉelp reassure investors of the sector's growth potential.

Broadcom and several other chip stocks pared back some of their early losses in intraday trading Thursday, while Nvidia shares edged higher as analysts suggested the recent pullback could offer investors an "attractive opportunity" to 澳洲幸运5开奖号码历史查询:buy the dip.