Broadcom Confirmed Its AI Outlook: Stock to Hit New Highs Soon

[content-module:CompanyOverview|NASDAQ:AVGO]

Broadcom’s AVGO 2025 price correction is over. Driven by an aggressive forecast for custom AI chips and concerns about geopolitical and economic headwinds, the FQ1 2025 earnings results were better than expected, compounded by improved guidance that has the market rebounded strongly. Because the upswing in business is tied to the AI upgrade cycle, which is still in its earliest phases, results will likely remain strong in 2025 and drive this…