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Prediction: Broadcom Will Soar Over the Next 5 Years. Here's 1 Reason Why.
For artificial intelligence to begin its next chapter driven by extreme performance, it's going to need more high-performance hardware from Broadcom.
Obviously, nobody can predict the future with absolute certainty. Investors can, however, connect informational dots to create a probable picture.
To this end, a confluence of factors has set a very bullish stage for communications technology giant Broadcom (NASDAQ: AVGO).
Unlike Nvidia or Amazon, who pretty much are industry darlings in the artificial intelligence (AI) space, Broadcom hasn't been much in the AI limelight.
