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Google aims to collaborate with MediaTek to develop low-cost AI Chips, while Broadcom faces competition in sharing the large TPU market.
Media reports indicate that Google is moving towards collaborating with MediaTek to develop low-cost AI processors, which means Broadcom will face a diversion in its TPU Business in the future.
Every Broadcom Investor Should Keep an Eye on This Number
Despite the pressure from weak retail, U.S. stock indices rebounded over two days, but Tesla and NVIDIA declined. Quantum computing stocks continued to rise sharply, and Chinese concept stocks strengthened, with Baidu up 9%.
Tesla closed down nearly 5%, NVIDIA fell nearly 2%; Intel rose nearly 7%; quantum computing stock ARQQ rose 57%; the China Concept Index rose 4%, and Alibaba increased by over 4%. After U.S. retail sales, the two-year U.S. Treasury yield reached a two-week high. The USD briefly approached a five-month low. Crude Oil Product rebounded over two days. Gold futures reached a historic high over three days, having briefly turned to decline during the session.
U.S. stock market close: The Golden Dragon Index of Chinese concept stocks surged 4%, reaching a new high in 37 months.
① Most China Concept Stocks rose, with Baidu increasing by over 9%; ② The three major U.S. Indices collectively closed higher, rebounding for two consecutive days; ③ The U.S. Robot Concept and Lidar Technology strengthened; ④ Berkshire continued to reach new highs, while Tesla fell by over 4%.
Top Research Reports for Broadcom, JPMorgan Chase & Qualcomm
Broadcom Options Spot-On: On March 17th, 189.1K Contracts Were Traded, With 2.37 Million Open Interest
