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Benzinga
Benzinga
Business
Anusuya Lahiri

Broadcom Could Rake In $50 Billion From AI Next Year, Analyst Says

Broadcom

Broadcom Inc. (NASDAQ:AVGO) is poised to deliver stronger-than-expected quarterly results as surging demand for artificial intelligence chips and data center networking products accelerates growth across its semiconductor and infrastructure businesses.

JP Morgan analyst Harlan Sur maintained an Overweight rating on Broadcom.

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