Broadcom Sinks 6% as BofA Flags $370B in AI Debt, AMD Climbs 4% on Baird’s $1,250 Call

Broadcom‘s (NASDAQ:AVGO | AVGO Price Prediction) stock is sinking 6% to $390.69 in early Friday afternoon trading, while Advanced Micro Devices (NASDAQ:AMD) stock is climbing 4% to $502.95. The split reaction within a single AI theme reveals opposing verdicts on how AI infrastructure gets financed.

A Bank of America (NYSE:BAC) note flagged a $370 billion estimate tied to Broadcom’s off-balance-sheet financing vehicle, while Baird issued a Street-high price target on AMD’s accelerator roadmap. Year-to-date through Thursday’s close, Broadcom stock was up 21% and Advanced Micro Devices stock was up 126%.

Broadcom Slides on AI Debt Vehicle Estimate

Bank of America analyst Tom Curcuruto flagged that Broadcom’s chip-financing vehicle could reach $370 billion of senior debt by mid-2029 at 20-gigawatt scale, including roughly $150 billion of new issuance in 2027 alone. Per Broadcom’s latest 10-Q, an investor partner assumed the…