Broadcom: An Essential Company For AI Investors

G0d4ather My thesis Broadcom's (NASDAQ:AVGO) AI-related revenue is soaring and is expected to represent more than a third of the total by the end of FY2024. This is a strong indicator of the company having strong AI exposure, and the market already knows it as the stock price almost tripled since January 2023. The company's intrinsic value is higher than the current market capitalization by 9%, and this potential upside might be unattractive for some investors. However, the DCF model is built on conserv ...