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Broadcom hits $1T market cap after CEO’s ‘huge’ AI prediction

Broadcom hits $1T market cap after CEO’s ‘huge’ AI prediction

Big Tech's push to diversify beyond Nvidia's pricey and supply-constrained AI processors has been a windfall for Broadcom, which makes custom chips for major cloud companies.

Big Tech’s push to diversify beyond Nvidia’s pricey and supply-constrained AI processors has been a windfall for Broadcom, which makes custom chips for major cloud companies.

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