Karen Moscow

And then the investor reaction was so muted.

Yeah, I think that it definitely has a little bit of that feel in the market.

You know, it also has these partnerships with Google's TPUs.

That's something that investors will be looking for.

They want to know that that business is sustainable going forward, especially given large orders from Anthropic and I think OpenAI as well.

Those orders expected to sort of ramp into 2027.

And as I sort of said before, there's also this balance.

big software part of the business, which is mostly from their acquisition of VMware.

So there's a lot of places in this company that you could look for insight into how AI is going, how this trend is progressing.

You're totally right.

I mean, Broadcom has really, I think, made a name for itself.

It's been able to capture some of that market share with these different kind of chips.

But NVIDIA is still the kingmaker there.

It's the leader in the market, and it's expected to be able to have sort of the biggest part of the market share going forward.

Most analysts and investors seem to think that that pie is still big enough to mean that there's revenue to be had for a lot of different companies.

But Broadcom certainly has, I think, a little bit more maybe to prove on those sort of specific things when they're competing with something as large as NVIDIA.

Yeah, so something that was really interesting yesterday, sort of the intraday lows in the market, it looked like the S&P was breaking out of this very narrow range that we've seen over the last few months, and especially during the start of this year.

It didn't quite close there, but chart watchers are definitely interested in this 6,800 level.

And breaking to the downside, as it looked like might happen yesterday, would potentially portend future declines.

So the next level people are watching would be 6,800.