Broadcom, the $1 Trillion Stock You Shouldn’t Ignore, Makes AI Investment Case - Barron's
1. AVGO's AI revenue grew 46% year-over-year, totaling $4.4 billion. 2. CEO Tan predicts significant growth in AI processors by 2027, up to $90 billion. 3. Shares fell 3% post-earnings, indicating potential profit-taking despite strong results. 4. Analysts are raising price targets, indicating confidence in AVGO's AI market position. 5. Broadcom is strategically positioned between Nvidia and AMD in the AI supply chain.