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Broadcom is starting to look ‘eerily reminiscent’ of Nvidia. Both stocks are feeling the impact.

1. Broadcom gains a new customer for AI chips, boosting revenue projections. 2. Analysts expect 100% AI chip revenue growth next year. 3. Fourth customer might add $10 billion in revenue by 2026. 4. Company's market cap may soon exceed $1.5 trillion. 5. AI chip market share is expected to grow, impacting Nvidia and AMD.

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Why Very Bullish?

The addition of a new customer for AI chips significantly enhances revenue forecasts, reminiscent of Nvidia’s past growth surges, leading to optimistic investor sentiment.

How important is it?

The article highlights crucial developments in Broadcom's AI chip strategy, implying significant potential revenue impacts and market positioning.

Why Long Term?

With projected substantial revenue growth from AI chips over the next few years, Broadcom is positioned for sustained success, similar to Nvidia's previous trajectory during its AI growth phase.

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