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The Economic Times
The Economic Times
Technology

Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks

Broadcom Big Tech Google Marvell Semiconductor

Broadcom on Wednesday forecast strong AI chip sales for the next ​two years, offering fresh evidence ​that Big Tech's appetite for AI infrastructure remains undiminished ​as investors scrutinize returns on massive spending.

Shares of the Palo Alto, California-based company were down over 1% in extended trading, recouping some earlier losses.

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