Reported 2 days ago
Broadcom Inc. (NASDAQ:AVGO) experienced a remarkable surge in the second quarter of 2025, driven by strong quarterly results in its AI compute and networking sectors. The company's revenue reached a record $15 billion, reflecting a 20% year-over-year increase. Aristotle Atlantic's investment strategy noted Broadcom's robust performance and optimistic outlook for AI-related business, contributing to a one-month return of 5.27% and an impressive 84.08% increase over the past year. Despite the stock's potential, some analysts believe other AI stocks may present greater upside opportunities.
Source: YAHOO