Analysts are bullish on Broadcom ahead of its AI event, with the company's stock, $AVGO, seeing a +2.7% increase today. Broadcom's executive revealed the company has secured a third customer in the consumer AI space, with plans to begin shipping products in the next few months. This marks Broadcom's success in the Hyperscale AI custom accelerators market, introducing two designs and now a new, third one, leveraging its 10 years of experience and broad IP portfolio. Broadcom made a compelling case for Ethernet over Infiniband at its AI investor day and showcased its technological capabilities with an XPU (AI accelerator) chip that uses a 3D package. This chip includes a top die that is a 700mm2 accelerator on top of an 800m2 SRAM, highlighting Broadcom's advanced 3D technology.
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
Analysts bullish on Broadcom $AVGO ahead AI event https://t.co/fTmckXIAl4 https://t.co/bxufo6FmpQ