You’ll Never Believe What Broadcom’s CEO Just Said About AI Demand

Broadcom (NASDAQ: AVGO) is probably the least well-known trillion-dollar company. It burst onto the scene just recently, but I think it could be headed much higher. It’s currently the eighth-largest company in the world by market capitalization, but after what its CEO said about its growth trajectory, it could end up in the top five before we know it.

So, what did Broadcom’s CEO say about demand? Let’s take a look.

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Broadcom does a lot of different things as a company. It has a virtual desktop business through its acquisition of VMware, mainframe hardware and software, cybersecurity, and many other business units. But those aren’t the focus of investors. Instead, everyone is focusing on its AI semiconductor…