Heard on the Street: Tech giants are moving fast on artificial intelligence, even if they have to hit the brakes elsewhere
, even if they have to hit the brakes elsewhere.
The latest confirmation of that trend came from an unexpected source. Broadcom , a chip maker most commonly associated with radio-frequency components used in the iPhone, used its fiscal first-quarter results late last week to discuss the increase in business it is seeing from customers scrambling to beef up their networks for generative AI—the technology made popular by the
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