The semiconductor and data center sectors are fast-paced and volatile, with companies like NVIDIA NVDA and Advanced Micro Devices AMD leading the way. However, a giant is quietly revolutionizing the sector and becoming a force to be reckoned with in the artificial intelligence (AI) revolution. While many may overlook this diversified technology company, Broadcom Inc. AVGO is growing its AI capabilities and making strategic investments that generate positive investor sentiment. A Multifaceted Technological P ...

An analyst cut his forecast for iPhone 16 orders.Shares of Broadcom (AVGO -2.20%), Taiwan Semiconductor Manufacturing (TSM -2.60%), and Arm Holdings (ARM -5.46%) were down 3.3%, 2.5%, and 4.3% on Monday as of 11:30 a.m. ET. Shares of all three were down even more earlier in the morning.All three of these companies are key suppliers to the Apple iPhone. This morning, a notable Asia-based Apple analyst wrote that initial orders for the iPhone 16 were weaker than expected. So, all three of these stocks fell in ...

Tracking congressional trading habits is becoming more critical every day. Not only do members of Congress tend to outperform the broad market, but there are an increasing number of products tailored to this strategy. Among them are ETFs like the Unusual Whales Subversive Republican Trading ETF BATS: KRUZ and the like-minded Unusual Whales Subversive Democratic Trading ETF BATS: NANC, whose ticker symbols evoke imagery of Ted Cruz and Nancy Pelosi, two well-known congressional traders. The focus today is th ...

JHVEPhoto Broadcom Inc.’s (NASDAQ:AVGO) selloff in response to its lighter-than-expected F4Q revenue guidance has largely overshadowed the company’s beneficiary position amid burgeoning AI momentum. This is consistent with a broader trend observed in the latest earnings season, whereby AI beneficiaries have been punished for falling short of or not significantly exceeding lofty expectations. Specifically, the recent selloff in semiconductor stocks indicates growing investors’ angst over the durability o ...

Jose Luis Pelaez Inc AVGO's High Growth Investment Thesis Remains Cheap We previously covered Broadcom (NASDAQ:AVGO) in February 2024, discussing why we had reiterated our Buy rating, thanks to the accelerating profitable growth reported in FQ1'24 and the raised AI-related sales guidance in FY2024. Combined with the excellent shareholder returns and the robust generative AI trends through the infrastructure layer to SaaS layer, we believed that every moderate pullback was an opportunity to dollar cost a ...

Broadcom's revenue growth rate doesn't reflect what's really happening at the tech giant.When dissecting the state of a public company, you can't often rely on the headline figures alone. Frequently, there's more to the story than just revenue growth or profit margins -- there's a story behind each metric.Case in point, consider Broadcom's (AVGO 1.90%) latest report. The company certainly wasn't trying to be misleading, but the headline number that it trumpets -- that its revenue rose 47% year over year to ...

On Sept. 5, Broadcom Inc. AVGO reported stronger-than-expected earnings and sales results for its third quarter.The company’s quarterly revenue of $13.072 billion, beating analyst estimates of $12.96 billion, according to Benzinga Pro. The semiconductor company reported second-quarter earnings of $1.24 per share, beating analyst estimates of $1.20 per share.With the recent buzz around Broadcom, some investors may be eyeing potential gains from the company's dividends. As of now, Broadcom has a dividend yiel ...

Goldman Sachs analyst Toshiya Hari reiterated a Buy rating on Broadcom Inc AVGO with a price target of $190.Hari listed his critical takeaways from Broadcom President Dr. Charlie Kawwas’ presentation at the Communacopia & Technology Conference 2024.Dr. Kawwas expects increased spending by the large Tier-1 hyperscalers will drive growth in Broadcom’s AI semiconductor business in fiscal 2025.Broadcom has positively revised its fiscal 2024 AI semiconductor revenue outlook from $7.5 billion at the beginning of ...

Wall Street's brightest and richest money managers continue to pare down their stakes in artificial intelligence (AI) giant Nvidia, while piling into two other high-octane stock-split stocks.Although artificial intelligence (AI) has been all the rage on Wall Street since 2023 began, excitement surrounding stock splits has given AI a run for its money this year.A stock split gives publicly traded companies the ability to superficially alter their share price and outstanding share count by the same magnitude. ...

G0d4atherMy Thesis Update I first initiated coverage of Broadcom Inc. (NASDAQ:AVGO) on March 22, 2024, stating that "the company's strong financials, sales structure updates, and AI prospects pointed to further outperformance in the future." Since then, AVGO's total return has outperformed the S&P 500 (SPY) (SP500) by approximately 3 times. But since I updated my bullish thesis in June, AVGO stock went into a consolidation phase amid rising volatility, so AVGO is actually lagging behind the market since ...