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Broadcom (AVGO) Bets Big on AI Chips and VMware Security Upgrades

Insider Monkey Read original source (opens in a new tab)
The Story

News Summary

  • Broadcom's AI chip business is set to top $100B by 2027, with new VMware security/networking upgrades boosting its software segment.
  • Despite strong growth, customer concentration risk and valuation concerns keep sentiment cautiously optimistic.
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Stored market data

AVGO price history

361.99 -5.46% over the displayed period

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