Broadcom $1 Trln! Another Star in Semiconductor Sector?
Broadcom released a better-than-expected Q4 earnings report, with profits exceeding expectations and AI revenue more than doubling this year.
Even more surprising, the CEO revealed that Broadcom is working with three major cloud customers to develop custom AI chips. This unexpected news caused Broadcom's stock to surge over 15% in after-hours trading. Analysts believe that the AI hype in 2025 may shift from chips to AI applications.
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Is the future of AI in chips or software applications?
Will Broadcom surge more in the year end?
What's your target price?