Broadcom’s exponential growth in AI poses a threat to Nvidia’s market leadership

Broadcom’s exponential growth in AI poses a threat to Nvidia’s market leadership

Semiconductor giant Broadcom is aggressively pursuing a share of the lucrative AI chip market, following Nvidia’s lead. With a strong focus on AI and chip research, the company aims to generate $11 billion in revenue from its AI connected chip business by fiscal 2024. Morningstar analysts and Wall Street share the view that Broadcom is … Read more