Broadcom has made significant strides in the AI networking technology sector, securing an 80% market share in datacenter AI switching with its Tomahawk 6 innovation, according to JPMorgan analyst Harlan Sur. The company's advancements have positioned it ahead of competitors Nvidia, Marvell, and Cisco. Broadcom's strong performance has also propelled it past Eli Lilly to become the 8th largest U.S. company by market capitalization. Market analysts have deemed Broadcom as the 'best AI play' besides Nvidia, highlighting its dominant position in the AI networking market.
#Broadcom deemed 'best AI play' besides Nvidia as it climbs to 8th in market cap
Broadcom deemed 'best AI play' besides Nvidia as it climbs to 8th in market cap https://t.co/pZ8pJ7SFcI
Broadcom passes Eli Lilly to become 8th largest U.S. company by market cap https://t.co/8W5BarCQTc
Broadcom Is on Track to Edge Past Eli Lilly’s Market Value. AI Is Helping It Do So. https://t.co/1puxQ6Atv3
$AVGO $NVDA $MRVL $CSCO | Broadcom's Cutting-Edge AI Networking Technology Leaves Nvidia, Marvell, Cisco Behind: JPMorgan Broadcom dominates datacenter AI switching with 80% market share, driving innovation with Tomahawk 6. Analyst Harlan Sur projects Broadcom's AI networking… https://t.co/9FBeZeQA6x