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Broadcom is a big Oracle derivative play as investors get keen on next phase of AI

Pelican Press

By Pelican Press,
in World News

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Oracle ‘s staggering forecast has reignited enthusiasm for artificial intelligence, particularly for one specialized chipmaker. The knockout revenue forecast made it clear that demand for AI workloads is set to continue, reassuring investors about long-term returns beyond the resource-intensive “training” phase of AI models. Investors are encouraged by the large opportunity they see in the…

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