Prediction: This Artificial Intelligence (AI) Inference Specialist Is Going to Soar After June 3

Prediction: This Artificial Intelligence (AI) Inference Specialist Is Going to Soar After June 3

By Harsh Chauhan, The Motley Fool
Publication Date: 2026-05-30 14:18:00

Broadcom (NASDAQ: AVGO) is one of the most important companies in the artificial intelligence (AI) chip market, but its shares have underperformed the sector this year.

Though Broadcom stock has jumped by 28% so far in 2026, its gains are well below the 74% spike in the PHLX Semiconductor Sector index. This underperformance can be attributed to the stock’s expensive valuation. However, Broadcom could get a nice shot in the arm and go on a bull run following the release of its fiscal 2026 second-quarter results on June 3.

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Let’s look at the reasons why.

Image source: The Motley Fool.

Broadcom is about to step on the gas

Broadcom designs application-specific integrated circuits…