Dec. 1 at 2:09 PM
$AVGO Broadcom’s top two customers
$GOOGL and
$META reconfirmed earlier this month that they will be spending over
$100 billion each on AI infrastructure and chips this and same amount again next year, similarly all other hyperscalers committed to spending tens of billions on AI this and next year. Where do you think all this money is going? Jefferies raised Broadcom’s 2026 and 2027 revenue forecasts to
$100 billion and
$130 billion, respectively, and lifted EPS estimates to
$10.31 and
$13.88. Google’s Gemini/TPU success is particularly significant for Broadcom who has partnered with them on TPUs since 2016, based on these hard facts this is a steal at current prices, load the boat while you can as this will be a
$1000 stock in the next 2-3 years, Solid Buy!!
