Broadcom's Bitter Brew: Why AI Chip Giant Can't Seem to Please Investors In recent years, Broadcom has been a major beneficiary of the rapid growth in artificial intelligence.
The chipmaker has ridden the wave of increasing demand for custom silicon and networking solutions, reaping massive revenue gains as a result.
However, despite posting impressive numbers including 221% year over year growth in AI semiconductor sales Broadcom's stock price fell after its latest earnings report.