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Broadcom Inc. (AVGO) Reports Q3 Earnings; Analysts View Results as Key for AI Momentum Amid Mixed Performance [Yahoo! Finance]
Last broadcom inc. earnings: 3/12 04:15 pm
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US:NASDAQ Investor Relations: investors.broadcom.com
Global management consulting firm Bain & Company recently released a report on the artificial intelligence industry, highlighting that AI was driving an unprecedented wave of technological change, with the market for AI products and services projected to reach between $780 billion and $990 billion by 2027. Per the research done by Bain, major cloud services providers were at the forefront of AI research and development, pushing the boundaries of larger models, advanced infrastructure, and energy efficiency. These hyperscalers were focusing on the development of larger, more complex models that demanded significant computational power and resources, leading to the need for data centers with energy capacities up to gigawatts, potentially straining energy grids and supply chains. Bain underlined that while the big players dominated the high end of the market with expansive models and enormous data centers, innovation was also thriving in smaller models. These smaller, domain-specific
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AVGO
SEC Filings
SEC Filings
- 10/4/24 - Form SC
- 10/4/24 - Form 144
- 10/3/24 - Form 4
- AVGO's page on the SEC website
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