By Ghazal Ahmed
Publication Date: 2025-12-04 09:11:00
Broadcom Inc. (NASDAQ:AVGO) is one of the AI Stocks in Focus This Week. On December 1, BofA analyst Vivek Arya raised the firm’s price target on the stock to $460 from $400 and kept a “Buy” rating on the shares. The firm is optimistic on the stock driven by the company’s expanding presence in Google’s TPU (Tensor Processing Unit) ecosystem.
Discussing the successful launch of Gemini 3 trained 100% on the TPU as well as the potential external rental of TPUs through Google Cloud, analysts view rising TPU leverage as a positive for key design partner Broadcom.
Analysts led by Vivek Arya noted that Broadcom’s current average selling prices (ASPs) of about $5,000–6,000 and roughly 2 million expected units in 2025 could climb significantly as the next generation ramps.
These figures may increase to around $12,000–15,000 per unit and more than 3 million units in 2026, with upside to 3.6-3.8 million “if demand continues to expand.”
The firm has…
