OpenAI’s 1st Custom AI Chip, Built With Broadcom
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All four companies have different strengths.
Broadcom is downgraded to Hold/Avoid as its ~$2T mCap and 35.4x forward P/E fully price in aggressive AI revenue targets. Learn more about AVGO stock here.
I keep clicking buy on Broadcom (NASDAQ:AVGO | AVGO Price Prediction) because the math is too good to walk away from, even with a $39 trillion national debt clock ticking and new Fed Chairman Kevin Warsh signaling that borrowing costs are not coming back down on anyone’s preferred schedule.
The run the company has enjoyed in recent years may not be over.
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best AI Chip Stocks to Buy for the Long Term. In the past year, the stock grew 44.12%, while it posted a 9.36% year-to-date growth. Based on 55 analyst ratings compiled by CNN,
