Broadcom ($AVGO) held an Enabling AI Infrastructure Investor Meeting where they announced landing a third AI accelerator customer, leading to a 2.7% stock increase. The company showcased their success in custom accelerators and Ethernet technology.
1) This $AVGO AI day slide caught attention. JPM thinks TikTok/ByteDance? Stock up $155 in 2D but latest AI/custom guide incl new customer ST. Still +tive as design funnel v strong (see $MRVL comments). Prob up as much due to other reasons. E.g. there's been buzz $MSFT Maia ... https://t.co/QLsR4U7r3d
Analysts bullish on Broadcom $AVGO after AI Infrastructure Day https://t.co/0BxrLM9keY https://t.co/LT9gotSwNl
Broadcom’s AI Event Has Wall Street Excited. The Chip Stock Gets an Upgrade. https://t.co/Fjhi36NS2G
Club Name Broadcom got a boost because of this: third AI accelerator customer https://t.co/Lre702ZVH2
Some fun pics from the @Broadcom AI investor day today. This is obviously a wafer in its protective case. This “XPU” (AI accelerator) chip uses a 3D package. The top die is a 700mm2 accelerator on top of an 800m2 SRAM. Yes I’m surprised as: A/ I don’t know $AVGO had 3D chops. (It… https://t.co/SjoVY90yiq
Topline so far: 1/ $AVGO winning in Hyperscale AI custom accelerators (“XPUs”). 2 designs, now a new, third one, 10 years experience and broad IP portfolio. The third one is another “consumer” company. 2/ @Broadcom made an very compelling case for Ethernet (versus Infiniband)… https://t.co/gKO417KNXe
Broadcom Exec: "We wanted to actually share with you that we actually have a third customer...That third customer is also in the consumer AI space. And we are in the ramp phase. And we will be shipping products in the next few months to that customer" $AVGO: +2.7% Today https://t.co/T5R22dQmUp
$AVGO trading higher as it discloses landing a third AI accelerator customer (first two are presumably $GOOG and $META). Also talking about AI clusters with 1M+ accelerators potentially being deployed in a few years. https://t.co/XPMKBmbB48
Next stop after GTC is @Broadcom investor day. What does everyone want to hear about from $AVGO? https://t.co/3mcUzod4qy
Broadcom Enabling AI Infrastructure Investor Meeting $AVGO AI Event 12PM ET https://t.co/KI17IT9v2P
Spending the morning at @Broadcom’s “Enabling AI Infrastructure Investor Meeting“. What questions do you have? $AVGO https://t.co/UzhcQ8cns4
Spending the morning at @Broadcom’s networking Enabling AI Infrastructure Investor Meeting“. What questions do you have? $AVGO https://t.co/1o16jmoOaD
Analysts bullish on Broadcom $AVGO ahead AI event https://t.co/fTmckXIAl4 https://t.co/bxufo6FmpQ