Is the Big Business of AI Dominated by Too Few Big Businesses?
1. Broadcom relies on top customers for a significant portion of revenue. 2. The AI infrastructure boom continues to drive strong demand for chipmakers. 3. Customer concentration poses risks but diversified demand mitigates these concerns. 4. Major tech spending slowdowns could impact investor confidence in AI investments. 5. Oracle's significant backlog depends heavily on one deal with OpenAI.