Wall Street Maintains ’Strong Buy’ on Broadcom Amid AI-Driven Growth
Broadcom's stock (AVGO) continues to command a premium valuation, with analysts attributing its resilience to robust AI-related growth drivers. The chipmaker's $20 billion AI revenue run-rate and $27.5 billion backlog underscore its positioning in inference computing—a critical LAYER of generative AI infrastructure.
Free cash FLOW margins of 44% provide ammunition for both dividend growth and strategic acquisitions. Consensus estimates suggest 20-30% upside potential over the next year, as enterprise demand for AI networking solutions offsets cyclical semiconductor weakness.