Broadcom's AI Moat Widens, Stock Volatility Persists
Update: 2025-12-24
Description
Broadcoms CEO, Hock Tan, predicts AI chip sales to double next quarter, backed by a massive backlog. Despite strong earnings, shares plummeted after hours, but analysts remain optimistic with a price target of $456. The company focuses on seven key hyperscaler customers for custom silicon, with new deals and a shift to super-fast optical networking on the horizon.
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