By Marc Guberti, The Motley Fool
Publication Date: 2026-06-11 09:41:00
Broadcom (NASDAQ: AVGO) is in the middle of a correction after reporting solid results for its fiscal 2026 second quarter. Investors wanted more from a growth stock that was up by roughly 40% year to date before the report, and particularly wanted management to boost its outlook for its custom chip business. The post-earnings slide has brought the stock down by more than 20% from its peak, but that presents a compelling opportunity for long-term investors.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
Broadcom is gaining market share in the AI chip space
This correction looks out of line with the fundamentals that Broadcom reported. It delivered 48% year-over-year revenue growth in the…
