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Broadcom (AVGO) Strengthens as AI Workload Repatriation to Private Cloud Accelerates

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

News Summary

  • Broadcom’s 2026 Private Cloud Outlook reveals a major shift as enterprises move AI workloads from public to private clouds.
  • Driven by rising costs, security concerns, and data sovereignty, firms are increasingly repatriating infrastructure, positioning Broadcom’s private cloud solutions for sustained growth.
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AVGO price history

344.72 -9.97% over the displayed period

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