Broadcom stock is becoming Wall Street's favourite AI trade for 2026: here's why

Core Viewpoint - Broadcom stock (NASDAQ: AVGO) is gaining consensus among major Wall Street firms for 2026, with Bank of America, JPMorgan, and Jefferies highlighting the potential of custom AI chips and high-speed networking solutions [1] Group 1 - Major Wall Street firms, including Bank of America, JPMorgan, and Jefferies, have identified Broadcom as a strong investment opportunity for 2026 [1] - The focus on custom AI chips is seen as a key driver for Broadcom's growth [1] - High-speed networking solutions are also emphasized as a significant area of potential for the company [1]