Broadcom (AVGO) Hits All-Time High Anew as Firm Optimistic of $120-Billion AI Revenue by 2030

We recently published AI Frenzy: 10 Stocks Crushing the Market, 6 Climb to Fresh Highs. Broadcom Inc. (NASDAQ:AVGO) is one of the top performers on Wednesday. Shares of Broadcom Inc. (NASDAQ:AVGO) rallied to a new all-time high on Wednesday as investors gobbled up shares on optimism that it could generate $120 billion in AI revenues over the next five years. In intra-day trading, Broadcom Inc. (NASDAQ:AVGO) soared to its highest 52-week price of $372.97, before trimming gains to end the day just up by 9. ...