China's DeepSeek headwind continues to impact the broader technology sector, particularly enterprises related to artificial intelligence, such asBroadcom Inc(NASDAQ:AVGO).
Rivaling the capabilities of American counterparts at a fraction of the cost, the latest machine intelligence model potentially signals increased competition in AI hardware and chip designs. Should Chinese companies establish a foothold in this area, Broadcom's stock is vulnerable.
The existential threat cannot be emphasized enough. Much of the reason why Broadcom has been such a dominant performer over recent years ties directly to its financial strengths. For one thing, the tech giant consistently beats...
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