Nvidia stock was down early on Friday, as investors digest news about how its chips were used by a Chinese start-up to train a cutting-edge artificial-intelligence model.Nvidia shares were down 3.4% at $135.

Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.

Broadcom (NASDAQ: AVGO) has been an outstanding investment over the past three years, as shares of the semiconductor giant have shot up an impressive 240% during this time and outpaced the 27% gains clocked by the PHLX Semiconductor Sector index over the same period.

Broadcom announced their quarterly earnings to the delight of investors who bid shares almost 40% higher. Broadcom beat analyst expectations for earnings per share by $0.03. The company’s earnings per share results were $1.