Ark Invest’s Cathie Wood predicts AI infrastructure spending to reach $1.4 trillion by 2030, with Broadcom poised to benefit. Hyperscalers are seeking alternatives to Nvidia’s GPUs, turning to Broadcom for custom AI ASICs. Broadcom’s revenue could double by 2027, with Citigroup analysts forecasting AI revenue to hit $100 billion by then.

Read more at Nasdaq: Ark Invest Says AI Spending Could Triple: Here’s the Stock to Buy for 2026