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Intel has lost its luster over the past decade. Broadcom's stock has soared by nearly 500% during the same period.
NEW CASTLE, Del.--(BUSINESS WIRE)-- #400G--FS introduces 400G and 800G AI Ethernet switches with Broadcom Tomahawk 5, offering 51.2 Tbps capacity and supporting lossless RoCEv2 networking.
Broadcom targets a $150 billion AI semiconductor market with 30-40% annual growth, driving significant revenue potential. Fiscal 2024 AI revenues projected at $12 billion, growing 33% YoY, with $16 billion expected in 2025. Key AI customers include Google, Meta, and ByteDance, with potential collaboration from OpenAI further strengthening market position.
All three have great growth potential.
This company is breaking out on AI-related growth. This e-commerce giant is set to dominate the high-growth Southeast Asian digital economy.
Earlier this month, semiconductor stalwart Broadcom Inc (NASDAQ:AVGO) shed by 10.4% after a dismal earnings report.
Broadcom Sian Family of DSPs Enable Best-in-Class 800G and 1.6T Optical Transceivers Broadcom Sian Family of DSPs Enable Best-in-Class 800G and 1.6T Optical Transceivers
Legendary hedge-fund pioneer Steven Cohen is best known for founding SAC Capital Advisors, one of the most successful hedge funds ever created.
Nvidia and Broadcom are two chip stocks that recently issued stock splits. Nvidia looks unstoppable after posting another quarter of strong growth despite increasing competition.
A $10,000 investment in Broadcom around the time of its IPO would now be worth close to $1 million. The company could be the next big AI winner through its custom chips and networking components.