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MarketBeat
MarketBeat
Leo Miller

Broadcom May Be the Biggest Winner From Alphabet's Earnings

Alphabet Broadcom Nasdaq Meta

Magnificent Seven giant Alphabet (NASDAQ: GOOG) just reported its latest financial results, but the company’s earnings have implications for more than Alphabet itself.

Broadcom (NASDAQ: AVGO) has some of the clearest ties to Alphabet, having helped the firm develop its tensor processing units (TPUs) for years. Amid this, Alphabet is widely considered to be Broadcom’s largest AI chip customer.

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