Susquehanna Sees Stronger 2026 Performance From Broadcom’s (AVGO) Expanding ASIC Base

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On December 4, Susquehanna expert Christopher Rolland raised the firm’s terms people connected Broadcom Inc. (NASDAQ:AVGO) to $450 from $400 and maintained a Positive standing connected the shares. The update came up of the company’s earnings, which are expected connected December 11. According to the firm, the caller Google TPUv7 (GOOG) and increasing AI networking request should thrust maturation successful Q3 and Q4. Looking ahead, a wider ASIC lawsuit basal is expected to substance stronger show successful the 2nd fractional of 2026.

Broadcom Inc. (NASDAQ:AVGO)’s cardinal important maturation accidental present lies successful its ASIC business. These custom-made chips, which are designed to grip circumstantial tasks, are much businesslike successful moving those tasks than wide chips similar GPUs. Since AI systems successful this process instrumentality up a batch of power, a batch of companies are recruiting Broadcom to plan customized AI chips with reduced costs.

Broadcom Inc. (NASDAQ:AVGO) came into absorption by designing Alphabet’s tensor processing units (TPUs), which resulted successful different companies considering its ASIC solutions. The institution has been moving with OpenAI connected customized AI chips and plans to proviso OpenAI with these chips successful the 2nd fractional of adjacent twelvemonth and yet implicit the bid by the extremity of 2029. That would construe to $100 cardinal worthy of chips a year.

Broadcom Inc. (NASDAQ:AVGO) is an American multinational semiconductor institution that besides specializes successful infrastructure bundle products.

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