15 Trending AI Stocks on Latest Analyst Ratings and News

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4. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 130

Broadcom Inc. (NASDAQ:AVGO) is an American technology company that designs, develops, and supplies semiconductor and infrastructure software solutions. This AI chip play is one of the leading players designing chips for companies that are building AI data centers.

On November 5th, Broadcom Inc. (NASDAQ:AVGO) announced major innovations, services, and partnerships aimed at accelerating and optimizing enterprise AI workloads. The company has introduced “VeloRAIN”, a new AI-powered networking architecture, along with two high-performance edge appliances and even a partner program called Titan that will support enterprise AI workloads beyond data centers.

“VeloRAIN is the foundation of our AI networking innovation, empowering our entire portfolio to better address the demands of enterprise AI workloads. By harnessing the advanced capabilities of VeloRAIN, AI workloads from distributed inferencing and agentic peer-to-peer applications to upstream heavy RAG transactions will see improved application-based QoE and security across all endpoints of the enterprise. We look forward to collaborating with our global partner ecosystem via Titan, our new partner program to provide more enterprises with the next generation of infrastructure necessary to support such current and future AI workloads.”

– Sanjay Uppal, vice president and general manager, VeloCloud Division, Broadcom.

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