Broadcom Stock News

Broadcom's AI segment is expected to generate 25% of its revenue in 2024, benefiting from partnerships with OpenAI and diversification efforts. Despite risks from Apple's in-house chip development, Broadcom's VMware acquisition has reduced reliance on hardware, expanding its software footprint to 46% of revenue. Trading at a Forward P/E of 26.6x for FY25, Broadcom offers an attractive valuation...

Broadcom's strategic VMWare acquisition has reduced dependency on major clients like Apple and diversified revenue. AVGO's critical role in Internet and AI infrastructure, with 99% of Internet traffic passing through at least one Broadcom chip, underscores its market strength. The near-term success and potential long-term value of the VMWare deal validate Broadcom's effective M&A strategy.

Dalio dumped more than 1.8 million shares of Wall Street's favorite artificial intelligence (AI) stock and respectively quadrupled and 10X'd Bridgewater's position in two other AI stock-split stocks.

Key Points The stock market is overbought, and investors should tread carefully now.

Broadcom (NASDAQ:AVGO) stock has been one of the hottest semiconductor picks over the past two years, more than tripling to an astounding 220% gain.

Billionaire Stanley Druckenmiller Just Sold All of His Nvidia Shares and Bought This Rapidly Growing Artificial Intelligence Stock-Split Stock

Expiration Week Countdown  subscribers just tripled their money with our Broadcom Inc (NASDAQ:AVGO) November 184 put recommendation.

These stocks have realistic paths to grow larger than Tesla.