By Faisal Humayun Khan
Publication Date: 2026-05-14 14:30:00
In March 2026, Broadcom (AVGO) CEO Hock Tan indicated that the company is positioned to achieve more than $100 billion in AI revenue from chips in 2027. This underscores the company’s massive AI-driven growth potential and also explains why AVGO stock has trended higher by almost 90% in the last 52-weeks.
If analyst views hold true, the outlook is even more optimistic. Recently, Citi increased its price target for AVGO stock to $500 ahead of Q2 earnings. Citi opines that Broadcom’s total AI revenue can potentially be $115 billion for 2027 (above prior expectations of $100 billion).
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Further, AI revenue from chips can hit $180 billion in 2028. This view is backed by the fact that Broadcom has custom AI chip agreements with Alphabet’s (GOOG) (GOOGL) Google, Meta (META), Anthropic, OpenAI, and two unnamed customers.
Another potential stock upside catalyst is the possibility of a $35 billion financing from the likes of Apollo Global…
