<ul><li>Broadcom's AI revenue surged 77% year-over-year, boosting its stock after a volatile 2021 so far.</li><li>Broadcom's custom AI chips, designed with cloud companies, offer lower-cost options than Nvidia.</li><li>Analysts predict the ASIC market will nearly double this year.</li><li>Broadcom's AI business reported $4.1 billion in revenue in the last quarter, a 77% uptick compared to the same period last year.</li></ul>

Broadcom just proved Nvidia will be looking over its shoulder for a while longer

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