AVGO - Wall Street Breakfast Podcast: ByteDance Reportedly Teams With Broadcom On AI Chip

2024-06-24 06:42:58 ET

Summary

• ByteDance collaborating with Broadcom on advanced AI chip to secure stable supply and lower costs amid trade tensions.
• Shein may scrap London IPO over UK criticism, potential pressure from Chinese government to list in Hong Kong.
• UPS selling Coyote Logistics business unit to RXO for $1.025 billion, expected to close before end of the year.

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ByteDance ( BDNCE ) working with Broadcom ( AVGO ) on advanced AI chip - report. (00:25) Fast-fashion firm Shein may abandon London IPO - report. (01:16) Freight M&A: UPS sells Coyote Logistics to RXO. (02:23)...

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