Minor follow up to D98122 noticed while writing tests for that.
A broadcast is a shufflevector where only one input is used. Because of the way we handle constants (undef is a constant), the canonical shuffle sees a meet of (some value) and (nullptr). Given this, every broadcast gets treated as a conflict and a new base pointer computation is added.
The other way to tackle this would be to change constant handling specifically for undefs, but this seems easier.