From Yahoo Finance: 2025-06-29 11:47:00

Broadcom Inc. (NASDAQ: AVGO) is highlighted as a key beneficiary of artificial intelligence demand, with UBS reiterating it as a “Buy” stock. The firm points to three pillars that will boost AI demand: model training for providers like OpenAI, consumer-facing products such as ChatGPT, and enterprise AI products. The firm remains bullish on AVGO and Nvidia as Tier 1 beneficiaries of compute and networking demand. While acknowledging AVGO’s potential, other AI stocks may offer greater upside potential. For those interested, a report on the best short-term AI stock is available. No disclosures were made.



Read more at Yahoo Finance: Broadcom (AVGO) Gets a Bullish Nod from UBS on AI Growth