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Broadcom Eyes Q2 Earnings Beat Amid High AI Revenue Growth Expectations

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The Story

News Summary

  • Broadcom reports earnings this Wednesday with Wall Street projecting 84.8% year-over-year revenue growth.
  • The company rarely misses estimates and maintains an average analyst price target of $525.97 versus its current $371.30 level, though recent semiconductor peer reactions post-earnings have been volatile.
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AVGO price history

347.30 -9.54% over the displayed period

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