NasdaqGS:AVGOSemiconductor
Broadcom (AVGO): Valuation in Focus After AI Chip Wins Power $100B Revenue Backlog
Broadcom (AVGO) just landed major custom AI chip orders from heavyweights like Google, Meta, Anthropic, and OpenAI, pushing its revenue backlog past $100 billion. These developments have investors and analysts taking a keen interest as the company’s next earnings report approaches.
See our latest analysis for Broadcom.
Broadcom’s stock has seen some dramatic swings lately, with a recent pullback tracing back to caution around high valuations and a broader market cooldown. Even so, the...