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Anthropic Inks $63B Debt Financing Deal for AVGO Chips, Analyst Upgrades Stock

Dela

A new $63 billion debt financing deal for Anthropic to buy Broadcom (AVGO) AI chips has shares of the chipmaker rallies Tuesday. Marley Kayden talks about why the headline is so significant as Anthropic readies for an IPO as soon as next month. D.A. Davison also upgraded Broadcom and raised its price target. Tim Biggam offers an example options trade for Broadcom.


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