Broadcom has reached a historic milestone, surpassing a US$1 trillion market valuation amid the rapid growth of the artificial intelligence (AI) market. CEO Hock Tan expressed confidence in a continued AI investment surge through the late 2020s. He noted that within three years, Broadcom’s clients aim to build extensive computing clusters equipped with millions of AI chips, driving significant market growth.
Broadcom CEO on AI investment frenzy: million-chip clusters on the horizon
27
Dec