Broadcom Price Targets Split After Earnings Despite 221% AI Revenue Growth
Broadcom's Q3 revenue hit $29.6bn and AI semiconductor sales reached $16.7bn, yet AVGO analyst targets moved in both directions. Here is what the split says.
Broadcom combines custom AI accelerators and networking silicon for hyperscalers with a large infrastructure-software business built around VMware. Founded in 1961 and headquartered in Palo Alto, California, Broadcom Inc. employs approximately 37,000 people.
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Broadcom's Q3 revenue hit $29.6bn and AI semiconductor sales reached $16.7bn, yet AVGO analyst targets moved in both directions. Here is what the split says.
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