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Broadcom is in the AI 'sweet spot': Analyst

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Broadcom

Shares of Broadcom (AVGO) are surging following its second quarter earnings beat, driven by robust demand for its artificial intelligence offerings. This...

driven by robust demand for its artificial intelligence offerings. This rally has spread across the broader semiconductor sector. To provide insight into this unfolding narrative, Nancy Tengler, CEO and chief investment officer of Laffer Tengler Investments, joins the discussion on Market Domination.

But there, there was um there was sort of this interesting ripple across some other A I hardware names, Nancy uh at least early in the training day.Are there any other ways you're, you're kind of playing that A I theme right now?So we're buying old economy companies that are embracing the new technologies.So think Walmart as the poster child of, you know, utilizing robotics, generative A I cloud computing uh and uh digitization.I'm sorry, Broadcom.

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