Broadcom Inc. (AVGO) is listed as one of the 13 Best Extremely Profitable Stocks to Invest in Now. Analyst sentiment remains bullish, with a consensus price target of $460, indicating 38.55% upside potential. Wolfe Research raised AVGO’s price target to $400, citing growing demand for Google’s TPUs, predicting 7 million units annually by 2028.

In light of Google’s plan to provide TPUs to external clients, analysts see Broadcom Inc. (AVGO) as a key beneficiary of AI chip market changes. Wells Fargo upgraded AVGO to ‘Overweight’ with a $430 price target, highlighting sustained AI semiconductor momentum and robust growth in infrastructure software. AVGO specializes in semiconductors and infrastructure software for data centers, networking, and AI computing.

While AVGO presents an investment opportunity, some AI stocks may offer greater upside potential with lower downside risk. For those seeking an undervalued AI stock benefiting from tariffs and onshoring trends, explore our report on the best short-term AI stock. For more stock insights, check out “What Are the Best Stocks to Buy Right Now?” and “10 Stocks Under $1 That Will Explode.”

Read more at Yahoo Finance: Broader Analyst Sentiment on Broadcom Inc. (AVGO) Remains Bullish Amid Growing Demand for Google’s TPUs