$Broadcom(AVGO)$ AI program development uses a massive number of $NVIDIA Corp(NVDA)$ a100, h100, h200 and next year blackwell chips. Inquiry instances will use specific npu and other specialized chips based on decision trees of purpose. Who designs the bast majority of those custom chips? AVGO.
Guess who has a longer more sustainable growth path. Both companies are indespensible just like $ASML Holding NV(ASML)$ and $Taiwan Semiconductor Manufacturing(TSM)$ . Avgo with its diversification and future growth expected on special purpose chip design should demand a higher multiple over the long run. Unless of course nvda or someone else can take share.
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