Coolcaesar / Wikimedia Commons Key Points Broadcom (AVGO) has shifted from smartphone chips to a leading AI infrastructure provider, competing with Nvidia. Its $10 billion OpenAI deal for custom AI chips highlights its growing role in frontier LLMs. Focusing on elite hyperscalers raises concerns about customer concentration risk if AI demand falters. Some investors get rich while others struggle because they never learned there are two completely different strategies to building wealth. Don’t make ...