Broadcom shares rose 2.37% to $327.64, driven by its pivotal role as an AI infrastructure supplier and confirmation of a staggering $73 billion AI-specific order backlog.
- The strategic success is attributed to its custom silicon business, positioning Broadcom as the architect of advanced data centers.
- This includes key alliances with major cloud titans.
- The company is also developing the 'Titan' AI accelerator in collaboration with OpenAI.