TSMC's $52-56B Capex Boosts Broadcom AI Chip Supply After 26% Revenue Surge

AVGOPAVGOP

Taiwan Semiconductor's higher Q4 capex guidance and robust AI‐chip revenue (up 26% to $33.7 billion) signals increased supply capacity for Broadcom’s ASICs, supporting its AI-driven growth. However, Broadcom shares fell 5% after China ordered firms to halt security products, tempering upside despite Wells Fargo's upgrade.

Sources

YISMY
+2 more