Broadcom's Secret Weapon Is About to Be Unleashed
(NASDAQ: AVGO) has been positioning its pieces on the board for a while, but the time for its secret weapon is about to come. While it has shown glimpses of what it could become, it's not much compared to where its management team believes it can be by the end of next year.
Broadcom's secret weapon is its custom artificial intelligence (AI) chip business, and it's about to hit full force as several clients' custom chips start to ship. This will transform Broadcom's business and lead to impressive returns along the way.
Image source: The Motley Fool.
Source Fool.com
Broadcom Ltd. Stock
€365.10
7.130%
The stock is an absolute favorite of our community with 82 Buy predictions and no Sell predictions.
As a result the target price of 400 € shows a slightly positive potential of 9.56% compared to the current price of 365.1 € for Broadcom Ltd..
