Dec. 2 at 2:43 PM
$AVGO Broadcom’s top two customers
$GOOGL and
$META reconfirmed 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. Based on the hard facts above this is a steal at current prices, load the boat while you can as this will be a
$1000 stock in the next couple of years, Solid Buy!!
