The more interesting thing is that the company just delivered another blowout quarter, with revenue exploding and AI-related ...

JPMorgan on AVGO: Broadcom expanded its design win with the two newly announced AI ASIC engagements, Sur said in a new investor note. The analyst said the quarterly results were solid and revenue ...

A few months back, following upbeat outlooks from Broadcom and Marvell, some on Wall Street had been talking about whether ASIC demand would eat into Nvidia's share of the AI chip market.

While there are differences between the two, both Marvell's and Broadcom's portfolios are weighed toward infrastructure chips for networking and communications, along with custom ASIC IP that ...

"Broadcom is much better positioned compared to its peers as its exposure in AI market is relatively more diversified with multiple AI ASIC customers," Summit Insights analyst Kinngai Chan said.

Collectively, the group sees the serviceable size of those markets ... by these strong results, as Broadcom strengthens its position as a leading custom AI ASIC provider," said KeyBanc Capital ...