Broadcom Inc. (AVGO) Price Target Trimmed to $215 on Tariff, Trade War, and China Risk Concerns
From Yahoo Finance: 2025-04-26 10:21:00
IMF reports show that AI will boost global output by 0.5% annually between 2025-2030, outweighing the 1.2% rise in greenhouse gas emissions. The social cost of emissions is estimated at $50.7-$66.3 billion, yet AI may reduce emissions through advancements in low-carbon tech, requiring government and industry involvement for sustainable use.
Broadcom Inc. (AVGO) stands in the AI market with custom chip offerings. Analysts lowered the price target to $215 due to trade war concerns. AVGO ranks 7th among AI stocks, but others may offer higher returns in a shorter time frame. Consider exploring the report on the cheapest AI stock for potential gains.
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