Broadcom Is Financing Its AI Moat (NASDAQ:AVGO)
· seekingalpha.com
Broadcom captures custom accelerators, Ethernet, optics, and connectivity, expanding its economics beyond simply supplying hyperscalers with AI chips. I rate AVGO stock as a buy.
Since my last coverage , Broadcom ( AVGO ) has delivered muted stock performance despite a material strengthening of the underlying thesis. Revenue from AI semi...