Broadcom will report its fiscal-first-quarter earnings after the market closes. Investors are eagerly anticipating whether the company will reaffirm its optimistic forecast of the market for artificial-intelligence chips a day after Marvell Technology disappointed with its AI-chip revenue.

Nvidia (NVDA) and other chip stocks fell in early trading Thursday as the artificial intelligence trade faltered. Shares of the AI chipmaker were down more than 2% in recent trading. Advanced Micro Devices (AMD),

While Broadcom may be a darling in the market's eyes, it's clear that Nvidia is still the better stock to buy right now. With Nvidia's stock a bit weak following earnings, investors should use this opportunity to scoop up shares of this dominant AI player.