I made an additional investment in AVGO stock as Broadcom continues to show strong growth potential in both its semiconductor and software segments. With Q2 revenue expected to rise 19% year-over-year and aggressive R&D efforts in AI, including a 2nm XPU and next-gen networking, Broadcom is positioning itself as a key AI infrastructure player. Analysts forecast sales to more than double by 2029, and earnings to triple. Despite trading above its historical P/E, long-term upside remains attractive, supported by bullish analyst sentiment and solid growth fundamentals.
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