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Posted by
Two Blokes Thu at 6:30 AM -
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Broadcom's AI accelerator business, with custom XPUs for hyperscalers, presents a significant growth opportunity, potentially capturing a large share of the expanding AI chip market. The recent market selloff offers a compelling buying opportunity for Broadcom, undervalued despite its robust fundamentals and strategic positioning in high-growth AI sectors. Broadcom's AI-related revenue is growing rapidly, with projections to reach $20 billion annually by 2027, driven by strong demand for AI and networking solutions.
