Broadcom （AVGO.US）Benefiting from AI Network Structure Revolution/ASIC Trend

Equity Research Report Broadcom (AVGO US) Benefiting from AI Network Structure Revolution/ASIC Trend Huatai Research Initiation Rating (Initiate): BUY Target price (USD): 173.23 12 August 2024 │ US Computer Devices A communication semiconductor & software giant riding on AI wave Broadcom, a global semiconductor powerhouse, has integrated the technological legacies from HP's semiconductor division, AT&T/Bell Labs, LSI, and former Broadcom through acquisitions. Since 2018, it has further expanded its business ...