Broadcom & Microsoft AI Chip Collab: Stock Soars
Update: 2025-12-10
Description
Broadcom, a semiconductor giant, is reportedly in talks with Microsoft for a collaboration on AI chips, potentially boosting its market position. Broadcoms stock surged to a new high, driven by AI demand and its acquisition of VMware. The companys third-quarter results showed record revenue, with AI revenue surging by 63%. Analysts are optimistic, predicting a Strong Buy rating for Broadcoms stock.
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