12 AI Stocks on Wall Street’s Radar

8. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 161

Broadcom Inc. (NASDAQ:AVGO) is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets. On April 15, the company announced Incident Prediction, an industry-first security capability that leverages artificial intelligence to identify and disrupt living-off-the-land (LOTL) attacks and other cyberthreats. The capability has been trained on a catalog of over 500,000 real-world attack chains to stop cyberattacks before they happen.

“The inspiration for Incident Prediction came from how GenAI can ‘predict’ the next word when generating text. By leveraging our extensive attack chain repository and threat intelligence using advanced AI and ML, Incident Prediction can predict the next four or five possible moves attackers will make in a customer’s environment, disrupt them, and then revert to normalcy right away. As a result, security analysts no longer need to triage the event to figure out mitigation strategies; Incident Prediction does that automatically for them.”

-Eric Chien, Fellow, Symantec Threat Hunter Team, Broadcom.