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Should You Invest $1,000 in Broadcom Right Now?


While most of the investing attention in the artificial intelligence (AI) realm is directed toward Nvidia (NASDAQ: NVDA), (NASDAQ: AVGO) is starting to gain momentum. Both companies are competing in the AI computing unit field, but Broadcom's product represents the next iteration that could really take off over the next few years.

But is it worth a $1,000 investment right now?

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€312.35
0.630%
Broadcom Ltd. gained 0.630% compared to yesterday.
The stock is an absolute favorite of our community with 80 Buy predictions and no Sell predictions.
As a result the target price of 390 € shows a positive potential of 24.86% compared to the current price of 312.35 € for Broadcom Ltd..
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