AI Demand Boosts Semiconductor Stocks
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Technology
Broadcom (AVGO) Bull Says Semiconductor Stocks Will ‘Keep Seeing Immediate’ AI Spending

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Doug Clinton , Deepwater Asset Management co-founder and managing partner, said in a latest program on CNBC that the demand for AI services and applications is rising.
He said semiconductor companies continue to see the immediate positive impact of AI spending.
As major companies look for custom chips to break Nvidia monopoly and lower costs, Broadcom is positioned well to thrive.
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