#CNBC Broadcom stock rallies as CEO Hock Tan makes strong case for why AI growth will last

Broadcom stock rallies as CEO Hock Tan makes strong case for why AI growth will last
Broadcom CEO Hock Tan sees AI chip revenue in 2027 “significantly in excess of $100 billion” as demand for custom silicon chips grows.

Tan managed to convince investors that Broadcom has a sustainable growth trajectory and said memory capacity is secured through 2028.

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