Broadcom (AVGO) call put ratio 2.9 calls to 1 put as share price up 2.2%

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Broadcom (AVGO) has recently won Google’s next-gen AI ASIC chip design: JPMorgan

June 6, 2024 8:36 AM EDT

JPMorgan analysts said in a note Thursday that Broadcom (NASDAQ: AVGO) has secured the design contract for Google's next-generation AI chip, the TPU v7.

JPMorgan cites "primary research efforts" and Broadcom's recent analyst day announcement as reasons it believes the company won the next-gen Google AI chip design.

This "marks seven generations of AI... More