Financial PerformanceAnalysts estimate that Google will contribute $8B+ in TPU chipset revenues for Broadcom this year, a significant increase from the previous year.
Market InnovationBroadcom Inc captures next-generation 3nm AI ASIC chip wins at both Google and Meta, indicating strong custom chip leadership and significant revenue growth.
Strategic GrowthBroadcom’s strategy, competitive moat, and growth opportunity across Networking and Compute Acceleration within the context of AI, are strong, leading to a reiteration of a Buy rating on the stock.