Stocks were falling sharply Thursday as Wall Street was rattled by day-to-day changes to the White House’s tariff policies. The S&P 500 declined 2.2% and was on pace to close below its 200-day moving average.

Key Takeaways Broadcom shares fell to a one-month low Thursday amid a broader chip stock selloff as investors digested Nvidia's earnings and President Trump's latest announcement on tariffs.Selling in the stock from the top trendline of a descending channel has accelerated,

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.