1. Broadcom's AI accelerators surpassed traditional networking revenue. 2. Key clients include OpenAI, Google, and Meta Platforms. 3. The company is now a custom A.I. chip provider. 4. Broadcom's business model now focuses on AI compute growth. 5. They are replacing in-house chip development for major companies.
FAQ
Why Very Bullish?
Broadcom's transition to AI accelerators positions it for significant revenue growth, similar to past tech shifts.
How important is it?
The article outlines a significant business model shift for Broadcom that directly links to future revenue streams.
Why Long Term?
The shift toward AI in computing will likely sustain demand and growth for years, analogous to previous tech revolutions.