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Broadcom Stock Surges 10% on AI Chip Demand, Fueled by Alphabet’s Gemini 3 Rollout

Broadcom Stock Surges 10% on AI Chip Demand, Fueled by Alphabet’s Gemini 3 Rollout

Author:

Global Cryptocurrency

Published:

2025-11-24 20:52:02

18

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BTCCSquare news:

Broadcom shares jumped 10% as investors bet on rising demand for its AI chips, particularly from Alphabet. The Google parent's new Gemini 3 model runs on Broadcom-supplied Tensor Processing Units, cementing a partnership dating back to 2016.

Alphabet's 5% stock gain reflects growing confidence in its AI capabilities. Analysts note Broadcom's custom silicon gives Alphabet a competitive edge in the AI race—a strategic advantage now being recognized by the market.

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