Broadcom's custom AI accelerators are gaining momentum.

Nvidia ( NVDA 3.46% ) has been the undisputed king of artificial intelligence (AI) investing. Its products have been used to train and run AI models from the start, and they are still the computing unit of choice for many AI hyperscalers.

However, there's a rising competitor that's starting to gain a lot of traction with these giants. It's not AMD (NASDAQ: AMD) , as its products are very similar to Nvidia's. Broadcom ( AVGO -1.23% ) is a rising player in this field, and it's doing it with custom chips that are designed in collaboration with the end user. This makes for a different business model than Nvidia is currently using, and it could challenge Nvidia's AI supremacy over the next few years.

Broadcom's custom

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