Why the AI Cycle Means Broadcom Stock Has 25% Upside After the Recent Selloff

Why the AI Cycle Means Broadcom Stock Has 25% Upside After the Recent Selloff

By Kit Norton
Publication Date: 2026-08-21 12:28:00

Broadcom stock is down 24% from its record closing high in early June but Wall Street believes the AI spending cycle will again send shares higher.