Google and Meta Just Rewrote Broadcom’s AI Story—While Shares Drop
Broadcom’s Top Customer Blows CapEx Forecasts Out of the Water Hyperscaler CapEx is a key indicator of Broadcom’s future, providing an approximation of the company’s opportunity to generate artificial intelligence semiconductor revenue. Take the firm that is well-known to be Broadcom’s largest chip partner, Google parent company Alphabet NASDAQ: GOOG. Alphabet reported earnings on Feb. 4, and…