Broadcom on the Rise Thanks to AI Boom - Cooperation with OpenAI
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Broadcom recorded revenue of approximately $16 billion in the latest quarter – an increase of over 20% compared to the previous year. The business with AI semiconductors performed particularly well, contributing more than $5 billion and growing by over 60%. CEO Hock Tan mentioned a consistently high order intake, promising additional momentum for the upcoming year. Cooperation with OpenAI as a Strategic Milestone A major customer for chips has been acquired, with orders in the billion-dollar range. According to the Financial Times, this is expected...
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