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I recommended Broadcom $AVGO at $273 ๐ŸŽง #521 (Sep 5)
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I recommended Broadcom $AVGO at $273 ๐ŸŽง #521 (Sep 5)

For premium, TLT vs Gold in a meltdown?

(Image: Broadcom CEO Hock Tan at the White House)

  • AVGO recommendation was Jul 9 at $273. Up 24% in 39 sessions. You will need to upgrade to access this content.

  • I even covered it along with all 40 chart setups here:


Expect tech layoffs to accelerate into Q3 Q4 as co will want to write off the expenses related this fiscal yr. โ€œA one time chargeโ€ฆyada yadaโ€


For years, Nvidia Corp (NASDAQ:NVDA) has been the undisputed king of AI hardware, but OpenAI just threw a curveball. The ChatGPT maker has inked a $10 billion deal with Broadcom Inc (NASDAQ:AVGO) to co-design and mass-produce its own AI chips by 2026, signaling a seismic shift away from Nvidia's grip on the AI ecosystem. Broadcom's stock surged 15% on the news, vaulting its market cap to $1.7 trillion, while the industry digested what could be a new era in AI hardware independence.

Broadcom CEO Hock Tan called the mystery deal a source of "immediate and fairly substantial demand," confirming shipments will ramp up next year, reported Financial Times. Analysts are already pointing to this as a landmark moment, with HSBC projecting Broadcom's custom chip business to outpace Nvidia's growth by 2026.

The partnership positions Broadcom as the go-to chipmaker for AI giants eager to loosen Nvidia's chokehold on supply chains. Shares have now climbed over 30% this year, fueled by a custom-chip gold rush that could redefine the semiconductor hierarchy.

Layered chart of NVDA and AVGO


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