Why This AI Company Could Be the Best Stock-Split Buy Heading Into 2025 [Yahoo! Finance]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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US:NASDAQ Investor Relations:
investors.broadcom.com
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Source: Yahoo! Finance
The company split its stock over the summer to lower its share price, but enthusiasm over recent earnings results sent it soaring to nearly $250. Stock price movements don't always match what's happening with the underlying company. However, Broadcom's recent business developments point to the possibility that it could be the next big winner in the artificial intelligence (AI) chip space -- and perhaps the best stock-split buy heading into next year. Broadcom's emerging opportunity in AI inference. The company has long specialized in semiconductors for networking, switching, and other connectivity applications. That expertise has translated to the artificial intelligence (AI) chip segment, where Broadcom is winning business by developing custom chips called XPUs (extreme processing units) that can work together to perform AI-specific tasks. Thus far, Nvidia has dominated the AI chip market. Its powerful GPUs (graphics processing units) have become the industry standard hardwar
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AVGO
News
- Broadcom Inc. (NASDAQ: AVGO) had its price target raised by analysts at Morgan Stanley from $233.00 to $265.00. They now have an "overweight" rating on the stock.MarketBeat
- The Next Nvidia: Will Sky-High Expectations Impact Broadcom (AVGO) Stock in the Future? [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Better Semiconductor Stock: AMD vs. Broadcom [Yahoo! Finance]Yahoo! Finance
- This Is Not Broadcom’s ‘Nvidia Moment’ Yet [Forbes]Forbes
AVGO
Earnings
- 12/12/24 - Beat
AVGO
Sec Filings
- 12/20/24 - Form 10-K
- 12/20/24 - Form 144
- 12/19/24 - Form 4
- AVGO's page on the SEC website