Broadcom Inc. (AVGO) Reports 47% Revenue Growth Driven by AI Demand; Mizuho Raises Price Target to $220 Amid Promising Collaboration with OpenAI – Yahoo Finance

From Google: 2024-10-19 14:55:24

Broadcom Inc. announced a 47% revenue growth, fueled by increased demand for artificial intelligence technology. Mizuho has upped their price target for Broadcom to $220, citing a promising collaboration with OpenAI. This positive outcome reflects the company’s strong performance in the AI sector, positioning them for further growth and success.



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