Broadcom Inc. (NASDAQ:AVGO) shares jumped 3.7% on October 6, building on gains from earlier in the month. The push came from Marvell's investor day. Its CEO said big cloud companies are leaning more on custom AI chips, which is exactly what Broadcom sells. On October 1, Reuters also reported that Broadcom agreed to lend Anthropic up to $42 billion to help it buy chips. Even with the recent rally, the stock is up only about 8% this year, a modest gain for a business growing this fast. Broadcom is also featured among our 10 Best AI Stocks to Buy Before They Explode. But which spot does it hold among the other AI names?Broadcom’s AI Revenue Is Tripling, but the Stock Has Lagged. Is It Time to Load Up?
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.