The Latest Breaking News from AVGO

With demand for AI chips skyrocketing, chip giant Broadcom is tantalizingly close to the milestone of crossing the $1 trillion mark.

Three semiconductor giants - NVIDIA, Broadcom, and ARM Holdings - emerge as top investment picks for 2024 and beyond, backed by strong AI-driven growth, recent analyst upgrades, and a booming semiconductor market projected to reach $588 billion this year.

Broadcom produced strong revenue and free cash flow results for its fiscal Q3. Moreover, management gave robust guidance for the next quarter. This means that AVGO stock is likely deeply undervalued today.

A big slump in tech stocks thanks to Broadcom's post-earnings slide put pressure on the main indexes too.

Broadcom stock is sinking Friday after the chipmaker's outlook fell short, but Wall Street remains bullish. Here's what they're saying.

Broadcom has outperformed the S&P 500 recently, and analysts are highly optimistic about the stock’s prospects.

With an interest rate cut on the horizon, analysts recommend snapping up these three AI stocks now for potential gains.

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Broadcom has delivered impressive performance compared to the broader market over the past year, and analysts continue to be optimistic about the stock’s potential.