Broadcom's New Google Chips Could Be 40% Cheaper To Run Than Nvidia's, Analyst Says

Broadcom Inc (NASDAQ:AVGO) is gaining momentum in the artificial intelligence accelerator race thanks to Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) Google's push to scale Tensor Processing Unit-powered computing across both internal systems and future external customers. • AVGO shares are under pressure. Track the latest developments here.BofA Securities analyst Vivek Arya reiterated a Buy rating on Broadcom and increased the price target from $400 to $460.Arya noted Google's growing reliance on its homegrow ...