Wall Street is buying the long-term bull case for Broadcom after the semiconductor firm deepened its relationship with Anthropic and signed a deal with Google . Under its latest agreement with Anthropic , Broadcom will supply multiple gigawatts of next-generation tensor processing unit capacity for the Claude maker’s artificial intelligence infrastructure. The semiconductor supplier also said Monday it reached a deal to produce future versions of AI hardware for Google through 2031. These developments had investors and analysts thinking Broadcom will continue gaining ground in AI. Broadcom shares climbed 3% on Tuesday while the broader market struggled. Several analysts reiterated their buy-equivalent ratings on the stock, while calling for big gains ahead. AVGO YTD mountain AVGO year to date “We are significantly more confident of Broadcom achieving much greater than $120B+ of AI revenues in [fiscal year 2027],” JPMorgan’s Harlan Sur wrote. “We view this as a major proof point for…