After Nvidia’s earnings report, AVGO rose 4.49% as well, almost only half of NVDA’s gain. The market classifies it as “chip-sector linkage,” but on X some money has already signaled: “MRVL fell, and AVGO went up”—suggesting some people are rotating within the chip space.
Nvidia management gave two figures: real demand growth is over 100%, and the bottleneck is capacity. The other meaning is that cloud providers that can’t get Nvidia GPUs will shift orders toward custom-designed ASICs, and AVGO is a key player in custom chips. This bullish logic hasn’t yet entered the mainstream discussion.
Another hidden variable: Broadcom appears in 116 AI security joint letters—security is shifting from slogan to procurement.
If AI’s bottleneck is capacity, should AVGO’s upside really be just 4.49%? Or has the market already learned something we haven’t seen yet?
Nvidia management gave two figures: real demand growth is over 100%, and the bottleneck is capacity. The other meaning is that cloud providers that can’t get Nvidia GPUs will shift orders toward custom-designed ASICs, and AVGO is a key player in custom chips. This bullish logic hasn’t yet entered the mainstream discussion.
Another hidden variable: Broadcom appears in 116 AI security joint letters—security is shifting from slogan to procurement.
If AI’s bottleneck is capacity, should AVGO’s upside really be just 4.49%? Or has the market already learned something we haven’t seen yet?