Quick Read Broadcom (AVGO) dropped another 2.3% last year and is now down 6% year-to-date. It joins other competitiors like Advanced Micro Devices (AMD) in underperforming the Invesco PHLX Semiconductor ETF (SOXX) year-to-date. ARK Invest acquired $27M in Broadcom shares as the company builds custom AI accelerators under multi-year hyperscaler contracts. Jefferies expects Broadcom to capture large share of Google’s unit volume in 2027 as Google spends $185B on AI infrastructure. A recent study ident ...