Broadcom Continues to See Huge AI Opportunity. Should You Buy the Stock Now Before It Soars? | The Motley Fool

Share prices of Broadcom (AVGO -5.39%) initially soared on March 6 after the chipmaker saw robust artificial intelligence (AI) revenue growth in its fiscal 2025 first quarter (ended Feb. 2) and management continued to tout the company’s custom AI chip opportunity. Since then, the stock has given back much of its early gains amid the general market malaise. The stock is now down about 21% on the year as of this writing.

Let’s take a closer look at Broadcom’s…