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Broadcom CEO: The surge in AI spending will continue at least until 2030.
① Chen Fufang stated that the spending frenzy on AI by large technology companies will continue until the end of 2030; ② Last week, Broadcom's total market capitalization surpassed 1 trillion USD, with AI Business full-year revenue increasing 220% year-on-year to 12.2 billion USD; ③ Chen Fufang previously revealed that Broadcom is developing AI Chip with three large clients.
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