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Broadcom CEO Sees AI Value Flowing to Frontier Models and Custom Chips

Source: Nasdaq

Artificial IntelligenceAnalyst InsightsCorporate EarningsCompany Fundamentals

Broadcom shares fell following earnings, but Wall Street analysts continue to see potential for new highs, supported by the company’s AI exposure. CEO Hock Tan said enterprise generative-AI adoption remains at an early stage as customers work to identify meaningful use cases, implying a longer-term growth runway despite near-term uncertainty.

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