The Latest Breaking News from AVGO

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With solid chip demand across consumer electronics, automotive, and telecom sectors, coupled with rising technological advancements like AI and ML, the semiconductor industry is poised for robust expansion. So, let’s analyze Taiwan Semiconductor Manufacturing (TSM) and Broadcom (AVGO) to determine which chip stock will surge in the upcoming months. Read…

This hyper-growth AI company's top and bottom lines are rapidly increasing, propelling its stock higher.

Amid the ongoing rally of AI chip stocks in 2024, a Bank of America Securities analyst just highlighted five AI-focused chip companies for investors still seeking exposure to this breakout industry.

Last quarter, Broadcom generated a strong free cash flow, 39% of its revenue. Based on its strong AI growth, AVGO stock could be 21% undervalued. Short-put plays are attractive for existing shareholders.

Broadcom's impressive price action in 2024, fueled by its strategic moves in AI infrastructure and the VMware acquisition, has analysts rushing to hike their price targets. Is AVGO headed for the trillion-dollar club? Here's a closer look.

Shares of semiconductor giant Broadcom dropped 8% in the days immediately following its Q1 results. Can AVGO stock bounce back to outpace the markets in 2024?

Broadcom Inc. reported impressive 39% free cash flow margins for its fiscal Q1 ending Feb. 4. As a result, AVGO stock could be worth up to 18% more. Shorting OTM puts is a good way to play this.

Broadcom introduced new chips to improve high-speed interconnections between AI processors in data centers.