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In March 2026, Broadcom (AVGO) CEO Hock Tan indicated that the company is positioned to achieve more than $100 billion in AI revenue from chips in 2027. This underscores the company’s massive AI-driven growth potential and also explains why AVGO stock has trended higher by almost 90% in the last 52-weeks.
If analyst views hold true, the outlook is even more optimistic. Recently, Citi increased its price target for AVGO stock to $500 ahead of Q2 earnings. Citi opines that Broadcom’s total AI revenue can potentially be $115 billion for 2027 (above prior expectations of $100 billion).