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Why Broadcom (AVGO) Stock Is Still Wall Street’s Top Chip Pick Over Marvell

By Trader Edge at 2026-09-17 06:05

Sentiment: Unknown

TLDR Broadcom is in talks with Blackstone and Apollo to raise over $60 billion in debt to fund AI infrastructure projects linked to Anthropic. Q2 fiscal 2026 revenue hit $22.2 billion, up 48% year-over-year, with AI semiconductor revenue jumping 143% to $10.8 billion. Broadcom and OpenAI’s Jalapeño chip delivered 1.5 to 1.9 times more AI [...] The post Why Broadcom (AVGO) Stock Is Still Wall Street’s Top Chip Pick Over Marvell appeared first on CoinCentral. Continue reading...

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