Reported about 13 hours ago
According to UBS, Broadcom Inc. (AVGO) has been highlighted alongside Nvidia as a key player benefiting from the growing demand for artificial intelligence. UBS emphasized that the demand is driven by factors such as model training for major providers and consumer products like ChatGPT. While there are risks concerning enterprise adoption, the overall trend suggests sustained GPU demand and related technology growth, marking Broadcom as a significant investment opportunity in the AI sector.
Source: YAHOO