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BMO Bullish on Broadcom AI Custom Chips, Outperform Rating

Source: X Community

BMO Capital Markets reiterated an ‘Outperform’ rating on Broadcom ahead of earnings, citing strong demand for its custom AI chips. The firm believes Broadcom’s AI-related revenue will continue to grow, driven by hyperscale customers. This positive outlook highlights the broader trend of AI infrastructure investment, though it is not directly tied to RWA tokenization.

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