Melius Research cuts Broadcom price target to $450 from $610
Broadcom's revised price target reflects growing concerns over its reliance on Google, highlighting potential volatility in AI chip markets. The post Melius Research cuts Broadcom price target to $450 from $610 appeared first on Crypto Briefing.
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Artificial intelligence
Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.
AI is changing work, media and public services, raising questions about jobs, safety and regulation.
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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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