By Vardah Gill
Publication Date: 2026-04-10 03:30:00
Broadcom Inc. (NASDAQ:AVGO) is included among the 15 Best Cheap Dividend Stocks to Buy.
On April 8, Seaport Research downgraded Broadcom Inc. (NASDAQ:AVGO) to Neutral from Buy and did not assign a price target. The firm still described Broadcom as “the leading competitor” to Nvidia in AI compute. At the same time, it noted that the company is starting to run into the same industry limits that Nvidia faces. It pointed to ongoing supply constraints. It also said Broadcom is “increasingly getting drawn into the market for financing customers.” The business continues to perform well, but the firm believes those gains are already reflected in consensus expectations.
A Reuters report on April 7 said Broadcom signed a long-term agreement with Google. The deal covers the development and supply of custom AI chips for Google’s next-generation infrastructure through 2031. Broadcom also…
