And now may be the right time to look for something other than artificial intelligence (AI)-driven growth.

As the marketplace for semiconductors grows beyond Nvidia, Broadcom—a major competitor—should see its stock price grow significantly.

The AI software company could make its shareholders significantly richer over the next five years despite its high valuation.

Here is a close look at AppLovin stock, including where the shares of the tech company could be headed through the rest of the decade.