0945 ET - Broadcom is facing plenty of headwinds, particularly from the Trump administration's trade war and potential limits on AI chip exports, but the company seems confident that its dominance on custom chip sales should keep it moving in the right direction, Melius Research analysts say in a research note. It has a growing base of elite custom ASIC chip customers, they say. Broadcom makes a compelling argument that application-custom chips for AI will continue to proliferate, including specific accelerators of aspects of training and inferencing, the analysts say. (dean.seal@wsj.com)
(END) Dow Jones Newswires
March 07, 2025 09:45 ET (14:45 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.