Quick Read – Broadcom (AVGO) AI semiconductor revenue hit $11B last quarter, and Hock Tan guided Q3 to $16B, exceeding 200% year-over-year growth. – Broadcom sells custom ASICs that NVIDIA (NVDA) and AMD cannot match, including a reported $30B Apple deal running through 2031. -…
$387, AVGO sits 6% below its 52-week high with Wall Street targeting $525 and 44 analysts rating it a buy against zero sells. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn’t make the cut. Grab the names FREE today
I keep buying Broadcom (NASDAQ:AVGO) and I am not embarrassed to say it out loud. Every paycheck window that opens, I add. The post-earnings selloff in June only reinforced my conviction, confirming that the market keeps handing long-term holders a discount on the one AI infrastructure name that also pays me to wait.
The core of my thesis is simple. Hock Tan built a company that sells the picks and shovels the hyperscalers cannot buy anywhere else, and he pairs that with software cash flows from VMware and a dividend I can plan a retirement around. That combination is why I keep clicking buy.