I made an additional investment in AVGO based on strong bullish signals from Rosenblatt. Analyst Kevin Cassidy recently raised the price target from $400 to $440 while maintaining a “Buy” rating, reflecting confidence in Broadcom’s growth trajectory. The company is expected to benefit from accelerating shipments of TPUs and growing traction in XPUs, alongside revenue growth in its networking business as data center infrastructure expands. With robust tailwinds in both AI-focused chips and data center networks, AVGO is positioned for upside potential, making this a timely addition to my portfolio.
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- AgathaHume·12-15 23:32Solid move! Rosenblatt's TPU/XPU thesis looks spot-on [666] Data center tailwinds gonna fuel this rocket [得意]LikeReport