Broadcom stock rallies as CEO Hock Tan makes strong case for why AI growth will last
You're seeing shares up about 5% and the reason really comes down to what CEO Hawk 10 delivered on the call last night. Not just a strong quarter, but really a convincing argument for why this growth lasts. That's exactly what the market didn't necessarily get for Nvidia last week when a near-perfect report still sent the stock down.There's just still a lot of questions about the upside over the next several years for Nvidia. Broadcom's AI revenue more than doubled. Their software business won't be negative ...