A few months ago, semiconductor powerhouse Broadcom (NASDAQ: AVGO) shocked investors when management revealed that the company had secured a $10 billion chip order from a new customer.
Given the pace at which OpenAI CEO Sam Altman is striking deals, it was natural for investors to think the ChatGPT developer was Broadcom’s unnamed customer. However, Broadcom’s leadership later debunked those rumors.
Equity research analyst Vijay Rakesh of Mizuho thinks the mystery customer is Anthropic, a top rival of OpenAI. I agree with this prediction, and below I’ll break down why a tie-up between Anthropic and Broadcom could make strategic sense right now.
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Source Fool.com
