The dawn of artificial intelligence (AI) in early 2023 has caused a paradigm shift in the technology landscape. The ability of these sophisticated algorithms to create original content -- including text, images, audio, and computer code -- promises to unleash a windfall of profits by increasing worker productivity and automating mundane and time-consuming tasks.

The first wave of AI was characterized by the rapid adoption of graphics processing units (GPUs) , which offer the flexibility and computational horsepower for a broad range of AI tasks. Unfortunately, these AI workhorse chips consume a significant amount of power.

Users are now transitioning to the next phase of AI adoption, seeking more energy-efficient alternatives, and Broadcom ( AVGO 11.43% ) is profiting from th

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