Broadcom’s AI Boom: Is a 2x Stock Gain Still Within Reach?
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Broadcom (NASDAQ:AVGO) has become the second most consequential AI infrastructure story on the market, powered by $30 billion in quarterly AI bookings and management’s stated goal to exceed $100 billion in AI sales by 2027. With shares trading at $364.50, the question is whether the AI numbers justify a run back to the highs, or something bigger.
Our 24/7 Wall St. price target for Broadcom
Broadcom (NASDAQ:AVGO) has become the second most consequential AI infrastructure story on the market, powered by $30 billion in quarterly AI bookings and management’s stated goal to exceed $100 billion in AI sales by 2027. With shares trading at $364.50, the question is whether the AI numbers justify a run back to the highs, or something bigger.
Our 24/7 Wall St. price target for Broadcom
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