Broadcom gain from innovation business looking for expensive and supply-limited AI cpus in NVIDIA.
Broadcom wants Intel’s chip layout and advertising and marketing, while TSMC is thinking about utilizing Intel’s production sector.
CEO Hock Tan said Broadcom expects its customized AI chips to generate revenue of US$60 billion to US$90 billion.
The statement caused a 3% rise in Broadcom shares in the bargain.
Despite the volatility, Nvidia shares are up more than 160% year to date, while Broadcom shares are up more than…
The statement caused a 3% rise in Broadcom shares in the bargain.
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