The Story
News Summary
- Broadcom CEO Hock Tan rejected worries of an AI infrastructure slowdown, reaffirming long-term revenue targets.
- Tan highlighted strong demand for Broadcom's custom AI chips and networking solutions among hyperscalers, positioning the company favorably even if general-purpose GPU demand cools.
Explore AVGO price history & advisor snapshot
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Stored market data
AVGO price history
339.51
-11.57% over the displayed period
Advisor Snapshot
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