Analysts Back Broadcom as AI Stock Soars

Reported 1 day ago

Broadcom Inc. (AVGO) has experienced a remarkable surge in stock price and growth, driven by strong demand in semiconductor and AI technologies. The company reported substantial Q3 results, exceeding analyst expectations, with anticipated revenue growth and upbeat guidance for Q4. Analysts have raised targets significantly, reflecting optimism about Broadcom's AI revenue potential, with many rating the stock as a 'Strong Buy.'

Source: YAHOO

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