Broadcom Is ‘Very, Very Capable,’ Analyst Says As NVIDIA’s Troubles Mount
Summary
Broadcom is gaining attention as an alternative winner in the artificial intelligence chip sector. As major technology companies work to decrease their dependence on Nvidia, experts suggest Broadcom could capture additional market share through its custom processor development.
Broadcom Inc. (NASDAQ:AVGO) is emerging as a potential winner from NVIDIA Corp. (NASDAQ:NVDA)‘s leadership turmoil, as analysts see the chipmaker gaining ground in the AI race while tech giants accelerate efforts to reduce their reliance on NVIDIA’s processors. Experts say Broadcom’s growing role in developing custom AI chips for hyperscalers could help it capture more market share as NVIDIA faces…
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