Part 1/9:

Broadcom's AI Revenue and Custom Silicon Growth

At the forefront of technology advancements, Broadcom recently reported a significant 20% rise in its market cap, which prior to the update was around $840 billion. Despite not hitting a record quarter, the company released promising figures for its AI revenue, which reached $3.7 billion—slightly above the expected $3.5 billion for the quarter. This performance sets the stage for discussions about the future of AI infrastructure spending, especially as companies like Nvidia face market expectations for a slowdown in growth.