By Vandita Jadeja
Publication Date: 2026-10-02 15:30:00
Broadcom designs chips for Google, Meta, and OpenAI, beats earnings quarter after quarter, and still trades at a discount to the broader market. Here is the specific scenario where all of that adds up to a stock that more than…
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Broadcom (NASDAQ:AVGO | AVGO Price Prediction) has turned into the custom-silicon partner for frontier AI. It makes Google’s TPUs, Meta’s MTIA chips and OpenAI’s Jalapeno accelerator, and it expects Anthropic to become its largest XPU customer in 2027. The stock hasn’t kept pace with the business.
Shares are up only 3.29% year-to-date, even though they gained 700.97% over five years. I think that gap is the setup for the next leg higher. Here’s what Broadcom needs to do to hit $600 per share in 2027.
Wall Street Already Sees Nearly 50% Upside in Broadcom
Analysts are strongly bullish. The consensus…
