Broadcom: The AI-Driven Rally Is Far From Being Over

Bloomberg/Bloomberg via Getty ImagesIntroduction Broadcom's (NASDAQ:AVGO) stock has emerged as a standout performer in the semiconductor industry's AI-driven surge over the past year, hitting all-time highs. Despite its current valuation reflecting a 16% undervaluation, it's essential to note that AVGO deserves a significant premium to the fair value, in my opinion. This is justified by its pivotal role in the ongoing digital transformation, a trend far from completion as numerous industries lag in digi ...