Amid AI-Fueled Growth, AVGO Stock's Valuation Raises Concern
1. AVGO reported $15 billion revenue, 20% increase year-over-year. 2. AI semiconductor sales surged 46% to $4.4 billion. 3. Q3 guidance suggests revenue increase to $15.8 billion. 4. AVGO stock fell 4% post-results due to high valuation concerns. 5. Analyst price estimate for AVGO is $254, indicating limited upside.