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Broadcom (AVGO) Soars on $10B AI Chip Order, Pressures Nvidia (NVDA) Shares | Reuters | Login to see the signal | |
Broadcom shares rally as $10 billion deal shows AI strategy is paying offSummaryBroadcom (AVGO) gained after a disclosed $10B AI chip order from a new customer, signaling customers may seek custom alternatives to pricier Nvidia chips and boosting Broadcom's AI revenue outlook for fiscal 2026. |
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