Broadcom: This Is the Biggest Risk the Stock Faces
Hyperscalers have turned to Broadcom to save costs on AI chips, but it may not be the cheapest alternative.Broadcom (AVGO -0.00%) has become one of the leading players in the artificial intelligence (AI) infrastructure hardware race by leveraging its strength as a custom chip partner. The company built its reputation supplying networking gear to data centers, but its real growth engine today is with application-specific integrated circuits, or ASICs. These are custom AI chips that large hyperscalers (compan ...