From Yahoo Finance: 2025-06-03 10:15:00

Broadcom, a custom chipmaker for AI, re-enters the $1 trillion club after a recent rally. Wall Street analyst predicts new all-time high for shares. Custom chips like XPU gaining traction for specific AI workloads. Analyst raises price target, sees 19.4% upside. Broadcom eyes 43% annual growth in AI revenue over next decade, adds new customers for custom AI chip solutions. Analyst projects $70 billion in AI revenue later in the decade. Shares trade at 36 times forward earnings, potential room for growth. Wall Street analyst optimistic about Broadcom’s future in AI sector.



Read more at Yahoo Finance: Broadcom Is Back in the $1 Trillion Club. But the Party Has Just Begun and the Stock Can Hit a New All-Time High, According to 1 Wall Street Analyst.