$AVGO In the public and private domains at the same time, use 20x leverage to open a long position in Broadcom; then gradually build the position size. Trade logic sharing: Many people think AI chips are only NVDA, but major companies are increasingly building their own custom AI chips, and Broadcom is a core player on this ASIC route. At the same time, it also provides the high-speed network chips required for AI data centers. In the latest quarter, AI semiconductor revenue surged 221% year over year, free cash flow grew 95%, but the stock is still about 27% below its 52-week high. NVDA sells general computing power, while AVGO provides custom compute + AI networking. If the next phase of AI spreads from “buying GPUs like crazy” to “GPU + ASIC + high-speed interconnect,” AVGO is worth close tracking. Right now, Broadcom’s price is still relatively low, so entering a starter position here shouldn’t be a big issue.