HSBC: There could be much more upside to Broadcom's AI backlog

Some questions about that order backlog at 73 billion. Also, Hawk Tan not giving a lot of clarity about the guidance moving forward in the near term, but you actually think that that according to your most recent note, you think that backlog number is very bullish for the company and you see more upside. Explain the thesis that you're seeing when a lot of other investors seem to be selling the stock.>> Sure. I I think if you look at the backlog that was through uh if you annualize it, that's basically almos ...