The Story
News Summary
- Broadcom earned a Buy rating and a $426 price target from 24/7 Wall St., driven by custom AI chip revenue surging 221% year-over-year.
- Long-term multi-year contracts with Google, Meta, and OpenAI bolster management's ambitious $230 billion AI revenue target by fiscal 2028 despite short-term margin headwinds.
Explore AVGO price history & advisor snapshot
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Stored market data
AVGO price history
361.99
-3.69% over the displayed period
Advisor Snapshot
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