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Business

Surbhi Jain

Broadcom's $120B AI Bet: Can Hock Tan Outpace Nvidia With Next-Gen Chips?

Nvidia Broadcom Hock Tan Nasdaq Harlan Sur AVGO INC NVDA Nvidia Corp Semiconductor

Konskie,,Poland,-,January,03,,2024:,Broadcom,Inc,Company,Logo

Broadcom Inc (NASDAQ:AVGO) is no longer content to trail in NVIDIA Corp.'s (NASDAQ:NVDA) shadow. Armed with a $120 billion AI revenue target by 2030 — and CEO Hock Tan whose bonus depends on hitting it — the semiconductor giant is positioning itself to challenge Nvidia's dominance.

Track AVGO stock here.

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Watch: French protesters loot Hermès, Apple and other luxury stores across cities

Watch: French protesters loot Hermès, Apple and other luxury stores across cities

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Watch: French protesters loot Hermès, Apple and other luxury stores across cities

Watch: French protesters loot Hermès, Apple and other luxury stores across cities

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One subscription that gives you access to news from hundreds of sites

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Los Angeles County Confirms First Cychlorphine Overdose Death From a Potent Opioid That Fentanyl Test Strips Miss

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