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Broadcom (AVGO) Surges on OpenAI Custom Chip Deal, AI Infrastructure Bet

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The Story

News Summary

  • Emerald Wealth Partners' Q2 2026 letter praises Broadcom for custom AI chip dominance, highlighting the OpenAI inference chip deal, Ethernet switching leadership, and VMware's enterprise AI role, driving a 22.3% share surge.
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AVGO price history

341.54 -14.77% over the displayed period

Advisor Snapshot

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