Broadcom’s relentless strategy still praised by investors

Broadcom’s relentless strategy still praised by investors

Supported by the boom in artificial intelligence and the acquisition of VMWare, which was completed at the end of 2023 and well integrated last year, Broadcom’s irresistible rise continues.

The Palo Alto-based group estimates that its addressable market could triple over the next three years. In the midst of AI mania, this is the kind of statement that the market takes at face value.

The equipment manufacturer supplies the “plumbing” around GPUs and, since…

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