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

Core Viewpoint - Broadcom Inc. (NASDAQ:AVGO) is experiencing significant investor interest, driven by optimism regarding its potential to generate $120 billion in AI revenues over the next five years, leading to a new all-time high in its stock price [1][3]. Financial Performance - In intra-day trading, Broadcom's stock reached a 52-week high of $372.97, closing at $369.57, reflecting a 9.77 percent increase [2]. - For the fourth quarter of fiscal year 2024, Broadcom reported $12.2 billion in AI revenues, marking a 220 percent year-on-year growth [5]. - In the third quarter of fiscal year 2025, the company generated $5.2 billion in AI revenues [5]. Executive Compensation - The board of directors has approved a grant of 610,521 performance stock units (PSUs) to CEO Hock Tan, which could yield him over $676.89 million if the company meets its AI revenue target of $120 billion by 2030 [3]. - If the maximum revenue target is not achieved, the payout structure allows for a 200 percent payout for $105 billion in AI revenues, 100 percent for $90 billion, and no payout for $60 billion or below [4].