Investing.com — Citi analysts assessed the impact of potential new U.S. government AI chip shipment restrictions on Broadcom (NASDAQ:) Inc., emphasizing that while the sanctions could pose a risk, the company’s overall AI-driven growth is likely to mitigate these challenges.
According to reports from various media outlets, including Bloomberg, the Biden Administration is considering further restrictions on AI chip exports to China.
Citi notes that this could affect Broadcom’s business,…
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