Broadcom Inc. (NASDAQ:AVGO) continues to excel in the semiconductor industry, with significant growth in its ASICs business and strategic collaborations, such as with Google on AI chips.Oppenheimer has reaffirmed its "Outperform" rating for AVGO, raising the price target from $400 to $435, indicating confidence in the company's growth trajectory.The demand for Broadcom's AI chips is surging, with potential "AI rack" demand projected to exceed $10 billion in fiscal year 2026, highlighting the company's stron ...