Broadcom Inc (AVGO)

[EnchantedUnicorn241]

I can't believe no one has mentioned this: Software/subscription margins are quietly widening as VMware gets integrated.

- At the same time, Broadcom is turning VCF into a quasi-standard for private AI clouds via AI-certified nodes and an open, but Broadcom-controlled, ecosystem.
- The contrarian read: this is a balance-sheet-de-risk plus software-standardization story, not just an “AI chip” trade. The crowd talks GPUs; the filings say “recurring software tollbooth + reduced rate risk.”