I opened 0.00359 share(s)
$Broadcom(AVGO)$ ,
I added to my AVGO position as Broadcom cements its critical role in the AI infrastructure race. While hyperscalers like Amazon, Alphabet, and Microsoft look to cut dependence on expensive, power-hungry Nvidia chips by developing custom ASICs, Broadcom is the go-to partner to build them. This shift not only enhances Broadcom’s strategic value but also fuels explosive growth—AI chip revenue surged 46% last quarter and is projected to grow another 60%. With exposure across networking and wireless, AVGO offers a powerful blend of growth, diversification, and relevance in AI.
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