AVGO Stock To $500?
1. Broadcom's AI chip sales now exceed 50% of total revenue. 2. The custom chip market could grow to $55 billion by 2028. 3. Strong partnerships with hyperscalers like OpenAI and Apple enhance growth prospects. 4. Broadcom's revenue is expected to grow at a high teens rate by 2029. 5. Potential risks include customer concentration and competitive pressure from peers.