Not Nvidia, Not AMD. Broadcom's Custom Silicon Business Is Quietly Becoming an AI Chip Powerhouse
Broadcom's AI revenue growth trajectory suggests that it is becoming a major player in a lucrative market.
Overview
Nvidia (NASDAQ: NVDA) and Advanced Micro Devices are among the leading designers of chips used in artificial intelligence (AI) data centers, which helps explain why both companies have been posting healthy financial growth.
The graphics processing units (GPUs) and server central processing units (CPUs) designed by both companies are deployed in AI data centers to perform tasks such as training AI models, running inference, and creating and deploying AI agents. Both semiconductor stocks have delivered incredible returns to investors in recent years, and they can keep flying higher over the long run amid the huge investments in AI infrastructure.
Details
However, Broadcom (NASDAQ: AVGO) is quietly giving Nvidia and AMD serious competition in AI chips. Let's take a closer look at Broadcom's AI business and find out why it is becoming a powerhouse in the AI semiconductor space.
Source
Originally published at www.fool.com.