Broadcom Stock Investors Just Got Fantastic News from Wall Street

Broadcom Stock Investors Just Got Fantastic News from Wall Street

By Danny Vena, CPA, The Motley Fool
Publication Date: 2026-06-05 00:44:00

Broadcom (NASDAQ:AVGO) has had a stellar run over the past few years, but those gains have been marked by significant volatility. The artificial intelligence (AI) chipmaker has gained 649% since the start of 2023, but has fallen 10% or more on at least nine separate occasions. Furthermore, in early 2025, the stock plunged 41%, so it isn’t for the faint of heart.

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Some investors have been steering clear of the stock, concerned that AI adoption will slow. However, Wall Street is increasingly convinced that Broadcom’s growth story remains intact.

A system administrator setting up a server network in a data center lit by neon light.

Image source: Getty Images.

Wall Street thinks Broadcom is…