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BTCC / BTCC Square / Global Cryptocurrency /
Broadcom (AVGO) Stock Forecast Surges 70% Amid AI Semiconductor Boom

Broadcom (AVGO) Stock Forecast Surges 70% Amid AI Semiconductor Boom

Author:
Global Cryptocurrency
Published:
2025-07-07 22:39:01
13
3
BTCCSquare news:

Broadcom shares have shattered records in 2025, with analysts scrambling to revise targets upward as the stock climbs 20% year-to-date. Trading above $270, AVGO’s 79% quarterly rally dwarfs the S&P 500’s performance, fueled by a 46% YoY surge in AI semiconductor revenue to $4.4 billion last quarter.

HSBC’s bold $400 price target reflects expectations of ASIC revenue exploding to $28.4 billion by 2026. The chipmaker’s custom AI accelerators position it at the epicenter of the industry’s transformation, though macroeconomic crosscurrents linger as a potential headwind.

|Square

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