Broadcom’s earnings report is generating excitement on Wall Street. Analysts see opportunities for growth due to partnerships with tech giants like Google, Meta, and Open AI. The company’s custom chips have gained traction after Google announced its latest AI model, which utilizes Broadcom’s tensor processing units (TPUs). These TPUs are a key part of Broadcom’s business, developed in collaboration with customers.
Source: https://www.marketwatch.com/story/broadcoms-stock-is-a-top-pick-on-wall-street-ahead-of-its-earnings-report-heres-why-00d4e95b