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Broadcom's AI revenue surged 221% to $16.7B while AMD's Data Center hit $6.72B, up 107%, as both mount credible challenges to Nvidia's AI compute dominance.
Hock Tan argues co-designed custom silicon runs at less than half a GPU's cost, directly undercutting Nvidia's general-purpose model on price and power efficiency.
Broadcom's 46% free cash flow margin and locked hyperscale contracts make it the stronger Nvidia disruptor over AMD's higher-upside open-ecosystem bet.
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