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Broadcom (AVGO) Soars on $10B AI Chip Order, Squeezes Nvidia (NVDA) | Reuters | Login to see the signal | |
Broadcom shares rally as $10 billion chip deal shows AI strategy paying offSummaryBroadcom revealed a $10 billion AI chip order from a new customer, likely OpenAI, driving shares higher and signaling growing competition to pricier Nvidia chips while boosting Broadcom's AI revenue outlook. |
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