Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

Broadcom's Free Cash Flow Surges With Higher FCF Margins, Implying a 25% Higher Value for AVGO Stock

Broadcom, Inc. (AVGO), a direct competitor to Nvidia in AI chip making, saw its Q3 free cash flow surge again, along with a rise in its FCF margins on strong AI-related chip demand. 

Moreover, Broadcom increased its revenue forecasts for the upcoming quarter and fiscal year-end. That could push AVGO stock over 25% higher.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.