Broadcom (AVGO) gets a bullish signal from UBS on the growth of artificial intelligence

Inc. (Nasdaq:AVGOHe is one of 10 Amnesty International shares monitor investors. On June 26, UBS Nvidia and Broodcom reiterated that they were “buying”, noting that both shares are major beneficiaries in the demand for artificial intelligence.

In a recent note, the company sheds light on three main columns that would enhance the demand for artificial intelligence to move forward: typical training for service providers such as Openai, Google and Meta, and products facing consumer such as Chatgpt and AI overview of public products, building and maintenance of AI products for institutions.

“We are still based on the trends of the demand for artificial intelligence. We conclude that the demand for new models and consumer inference materials in the back of the popular ChatgPT and the continuation of the arrangement of different products from Meta, Google and Amazon should keep the GPU request for years to come. This should, in turn, demand the demand for the cloud and other technology that is pulled alongside this size.”

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While the company believes that the column of adoption of the institution is at risk due to the slowdown adoption, and a more uncertain investment returns, and the specified training is necessary to adapt artificial intelligence to individual needs. These risks are controlled. Then the company highlighted the stocks such as NVIDIA and Broadcom for having space.

“In terms of stock invitations against the background of this demand analysis, we are still optimistic about NVDA, and we also highlight AVGO as major beneficiaries at the 1st level of demands and networks, and we also highlight the MU as a peripheral beneficiary of the increasing memory requirements. On the global level, we will also highlight the TSMC.”

Broadcom is a technology company in a unique position in the artificial intelligence revolution due to the dedicated chips and network assets.

Although we acknowledge the AVGO capabilities as an investment, we believe that some of the artificial intelligence shares provide greater potential and carry less risks on the downside. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.

Read the following: 10 Amnesty International shares in the spotlight and 10 stocks of artificial intelligence in Wall Street now.

Detection: Nothing.