Broadcom Targets AI Chip Niche
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AI stocksThe Motley Fool
•3 Reasons to Buy Broadcom Stock Like There's No Tomorrow
79% Informative
Broadcom's AI -focused chips more than tripled in the second quarter , reaching $3.1 billion .
J.P. Morgan estimates the company's custom AI chips have a total addressable market of $150 billion over the next four to five years .
With shares down about 6% over the past three months , now could be a good time to buy the stock.
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