The AI narrative is alive and kicking vigorously. If anyone were still in doubt, the recent pristine earnings print from Broadcom (AVGO) should have laid to rest any lingering consternation on that count. Broadcom, which has gained particular prominence in recent years for designing AI-specific ASICs and accelerators, reported a 22 percent year-over-year increase in revenue for its fiscal Q3 2025 to $15.95 billion, beating the consensus estimate of $15.83 billion. It also beat consensus expectations for EPS by reporting a $1.69 print. So far this year, Broadcom has launched the Tomahawk Ultra networking chip, which is an Ethernet switch […]
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