Semiconductor company Broadcom (AVGO) will report its third-quarter FY25 results on September 4. The stock has climbed about 29% year-to-date and 95% over the past year, thanks to booming demand for its AI-focused chips and networking gear. Going into the report, Wall Street remains bullish, buoyed by growing hyperscaler demand and solid recurring customer relationships.
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/Broadcom%20Inc%20logo%20on%20phone%20and%20site-by%20Majahid%20Mottakin%20via%20Shutterstock.jpg?ssl=1 "This Analyst Just Raised His Broadcom Stock Price Target by 70%. Should You Buy AVGO Now?")