Is Broadcom Stock Going to $1,850? 1 Wall Street Analyst Firm Thinks So.

The diversified chipmaker is set to capitalize on the AI boom.Broadcom (AVGO -0.84%) hasn't gotten as much attention as some other artificial intelligence (AI) stocks, but the company expects to see demand for chips ramp up due to the increase in generative AI-driven infrastructure.Broadcom does a lot of things and it has been a prolific acquirer over its history, recently taking over VMware. Among its specialties are custom chips and networking chips. Both categories are likely to see a spike in demand fro ...