HSBC Upgrades Broadcom to Buy – Analysts See Over 50% Upside Potential for the AI Infrastructure Specialist.
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Broadcom (AVGO) has positioned itself as a key supplier for the next generation of AI infrastructures. The company develops and delivers tailored AI accelerators (XPUs) and high-performance networking solutions specifically designed for the requirements of large cloud providers – known as hyperscalers. Currently, Broadcom has seven active hyperscaler partnerships, including two new strategic collaborations that have recently been established. Three of these partners are already sourcing Broadcom's XPUs at scale for productive use. The remaining...
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