AVGO Stock Recent News

I reiterate my Buy rating on Broadcom Inc. with a $265 price target, driven by robust hyperscaler capital spending and strong XPU partnerships. Hyperscalers like Meta, Microsoft, Amazon, and Alphabet either confirmed or increased their capital outlays in Q1 2025, signaling sustained demand for compute and networking solutions. While AVGO trades at a premium, I see further upside as hyperscaler investments support growth, though investors should be mindful of potential volatility around earnings.

The White House tells FOX Business that the Commerce Department is reviewing exports of strategic significance to China.

Broadcom's AI custom chips and networking dominance remain key growth drivers, but future revenue clarity beyond FY2026 is crucial for sustained upside. The stock has staged a remarkable recovery, now trading near historical valuation peaks, suggesting limited near-term upside and heightened caution. Management must provide confidence in meeting 20% topline growth for FY2026 and address risks from a potential hyperscaler CapEx slowdown.

Broadcom's exceptional 5-year total returns significantly surpass every Mag-7 company, with the exception of NVIDIA. That's because AVGO is focused on what I call the "AI Trifecta": high-speed networking, AI specific "XPU" compute engines, and enterprise software to put it all together. In my opinion, Broadcom is arguably the #2 vendor of choice when it comes to AI accelerators - again, only behind NVIDIA.

Chip maker Broadcom is a “must-own” artificial-intelligence stock, says Melius Research, which raised the price target to $289 from $198.

Jim Cramer breaks down why he's keeping an eye on shares of Broadcom.

Box Inc. (BOX) tapped new highs for the last 12 months thanks to a rally following its earnings beat. Diane King Hall talks about other factors behind the optimism, including A.I.

Broadcom remains an underappreciated AI leader with strong growth prospects and a dominant position in the ASIC market, despite recent volatility. The stock is still attractively valued, with robust EPS growth expected and a PEG ratio around 1.4, making it a compelling value/growth play. Upcoming earnings are likely to beat estimates, but updated guidance will be crucial for the next move; any dip to $220-200 is a long-term buying opportunity.

No one knows which company will be the top-performing artificial intelligence (AI) stock over the next five years. We're about two-and-a-half years into the AI arms race, and few could have predicted what has transpired, let alone what will happen over the next few years.

Shares of major semiconductor stocks Broadcom (AVGO 2.95%), Advanced Micro Devices (AMD 3.87%), and Arm Holdings (ARM 5.32%) rallied on Tuesday, rising 3%, 3.9%, and 5.3%, respectively.