Broadcom (AVGO 2.60%) had an incredible 2024, with the stock more than doubling. After a run-up like that, many investors might wonder how much upside potential is left — if any.
Broadcom is in a great position in the artificial intelligence (AI) industry. It helps design custom AI accelerators, and also sells connectivity switches used in AI data centers. But after the emergence of DeepSeek’s R1 as a less computationally demanding model, is…
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