{"id":887803,"date":"2024-12-16T07:50:31","date_gmt":"2024-12-16T02:20:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=887803"},"modified":"2024-12-16T08:16:06","modified_gmt":"2024-12-16T02:46:06","slug":"broadcom-stock-soars-as-company-touts-mega-artificial-intelligence-demand","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/16\/broadcom-stock-soars-as-company-touts-mega-artificial-intelligence-demand\/","title":{"rendered":"Broadcom stock soars as company touts mega artificial intelligence demand"},"content":{"rendered":"<p>Broadcom is predicting a massive expansion in demand for chips that power AI &#8211; and the market, for now, is buying it all the way. <\/p>\n<p>The company&#8217;s valuation hit $1 trillion on Friday as its shares surged 21 per cent after CEO Hock Tan said AI could present a $60 billion to $90 billion revenue opportunity in 2027, more than four times the current size of the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Broadcom is predicting a massive expansion in demand for chips that power AI &#8211; and the market, for now, is buying it all the way. The company&#8217;s valuation hit $1 trillion on Friday as its shares surged 21 per cent after CEO Hock Tan said AI could present a $60 billion to $90 billion revenue opportunity in 2027, more than four times the current size of the market.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-887803","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/887803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=887803"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/887803\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=887803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=887803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=887803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}