BUZZ-Street View: Broadcom's AI chip story to be sturdy

Reuters03-07

BUZZ-Street View: Broadcom's AI chip story to be sturdy

** Broadcom Inc's AVGO.O CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted about new potential customers who could boost revenue in a highly competitive market

** Shares of chipmaker soar ~10.7% to $198.61 in premarket trading

DOMINATING THE WIRELESS CHIP MARKET

** J.P. Morgan ("overweight," PT: $250) believes AVGO's AI revenues to grow significantly in FY25, driven by strong spending on AI infrastructure and increased use of ethernet networking

** Morgan Stanley ("overweight," PT: $260) says co's recovery in legacy semiconductors is slow, but its software performance is strong

** Brokerage also sees networking bandwidth as crucial, with increasing adoption of Ethernet AI, a technology that enhances AI infrastructure with high-speed networking

** Bernstein ("outperform," PT: $250) says AVGO's AI capabilities will grow in the next few quarters

** Melius Research ("buy," PT: $258) believes new customers won't contribute to co's revenue for 1-2 years, but expects OpenAI to be a major contributor by 2026

(Reporting by Akriti Shah in Bengaluru)

((akriti.shah@thomsonreuters.com))

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Morgan (\"overweight,\" PT: $250) believes AVGO's AI revenues to grow significantly in FY25, driven by strong spending on AI infrastructure and increased use of ethernet networking</p><p>** <a href=\"https://laohu8.com/S/MSPQL\">Morgan Stanley</a> (\"overweight,\" PT: $260) says co's recovery in legacy semiconductors is slow, but its software performance is strong</p><p>** Brokerage also sees networking bandwidth as crucial, with increasing adoption of Ethernet AI, a technology that enhances AI infrastructure with high-speed networking</p><p>** Bernstein (\"outperform,\" PT: $250) says AVGO's AI capabilities will grow in the next few quarters</p><p>** Melius Research (\"buy,\" PT: $258) believes new customers won't contribute to co's revenue for 1-2 years, but expects OpenAI to be a major contributor by 2026</p><p> (Reporting by Akriti Shah in Bengaluru)</p><p> ((akriti.shah@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2360032135.SGD","symbol_name":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250307:nL3N3PQ0SH:1","article_id":"2517448998","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517448998","pubTimestamp":1741348395,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Street View: Broadcom's AI chip story to be sturdy** Broadcom Inc's AVGO.O CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted about new potential customers who could boost revenue in a highly competitive market** Shares of chipmaker soar ~10.7% to $198.61 in premarket tradingDOMINATING THE WIRELESS CHIP MARKET ** J.P. Morgan  believes AVGO's AI revenues to grow significantly in FY25, driven by strong spending on AI infrastructure and increased use of ethernet networking** Morgan Stanley  says co's recovery in legacy semiconductors is slow, but its software performance is strong** Brokerage also sees networking bandwidth as crucial, with increasing adoption of Ethernet AI, a technology that enhances AI infrastructure with high-speed networking** Bernstein  says AVGO's AI capabilities will grow in the next few quarters** Melius Research  believes new customers won't contribute to co's revenue for 1-2 years, but expects Ope","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0079474960.USD":"联博美国增长基金A","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4585":"ETF&股票定投概念","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","LU0861579265.USD":"联博低波幅策略股票基金A","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","IE00BGHQDM52.EUR":"GUINNESS ASIAN EQUITY INCOME \"C\" (EUR) ACC","AVGO":"博通","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","BK4605":"半导体精选","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","SG9999002232.USD":"Allianz Global High Payout USD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","LU0444971666.USD":"天利全球科技基金","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","SG9999002224.SGD":"Allianz Global High Payout SGD"},"translate_title":"BUZZ-Street View：博通的AI芯片故事将坚如磐石","themeId":"20ea1ef88e554a43cfb6af1bd2d28236","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVGO":0.9},"content_text":"BUZZ-Street View: Broadcom's AI chip story to be sturdy** Broadcom Inc's AVGO.O CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted about new potential customers who could boost revenue in a highly competitive market** Shares of chipmaker soar ~10.7% to $198.61 in premarket tradingDOMINATING THE WIRELESS CHIP MARKET ** J.P. 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