Broadcom Inc. (AVGO)
Why Broadcom Is AI's Big Winner
Broadcom targets a $150 billion AI semiconductor market with 30-40% annual growth, driving significant revenue potential. Fiscal 2024 AI revenues projected at $12 billion, growing 33% YoY, with $16 billion expected in 2025. Key AI customers include Google, Meta, and ByteDance, with potential collaboration from OpenAI further strengthening market position.
3 Dividend Stocks to Double Your Position In
All three have great growth potential.
Call Traders Cheer Resurgent Broadcom Stock
Earlier this month, semiconductor stalwart Broadcom Inc (NASDAQ:AVGO) shed by 10.4% after a dismal earnings report.
Warren Buffett's Secret Portfolio Is Dumping Shares of 3 Supercharged Artificial Intelligence (AI) Stocks (No, Not Nvidia!)
Thanks to an acquisition in 1998, Berkshire Hathaway became the owner of a specialty investment fund that now manages $602 million in assets. The asset managers of Buffett's secret portfolio have been net-sellers of stocks over the past two years.
2 Stock-Split Stocks to Buy Before 2025
Nvidia and Broadcom are two chip stocks that recently issued stock splits. Nvidia looks unstoppable after posting another quarter of strong growth despite increasing competition.
Better Artificial Intelligence Stock: Nvidia vs. Broadcom
Both companies are flourishing as strong AI demand drove year-over-year revenue growth. Broadcom made a strategic acquisition last year to strengthen its AI offerings.
Is Broadcom a Millionaire-Maker Stock?
A $10,000 investment in Broadcom around the time of its IPO would now be worth close to $1 million. The company could be the next big AI winner through its custom chips and networking components.
Broadcom: More Growth Ahead
Easing monetary policy and significant investments in data centers from major players like BlackRock, Microsoft, and Nvidia position Broadcom to benefit from AI infrastructure demand. Stellar recent financial performance, coupled with a strong full-year AI revenue guidance boost, suggests that the integration of VMware is progressing well. AVGO's valuation is attractive compared to peers, with a fair value estimated at $865 billion.
3 Reasons to Buy Broadcom Stock Like There's No Tomorrow
The custom AI chip market could be worth an estimated $150 billion in several years. Broadcom's AI sales accounted for nearly one-quarter of revenue in the third quarter.
Broadcom Inc. (AVGO) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Broadcom Inc. (AVGO). This makes it worthwhile to examine what the stock has in store.
3 Artificial Intelligence (AI) Stock-Split Stocks That Could Help Set You Up for Life
Stock splits are becoming more common during the AI boom. Stock splits don't change the fundamentals of a stock or the business.
Broadcom Rises 45% Year to Date: How Should You Play AVGO Stock?
Broadcom's strong portfolio and expanding AI offerings make its top-line growth prospects bright. However, prospects don't justify premium valuation currently.
