Broadcom soars past $1tn as chipmaker projects ‘massive’ AI …

Dec 13, 2024 · Broadcom vaulted past $1tn in market value on Friday for the first time after the chipmaker posted huge gains in artificial intelligence revenues and projected “massive” growth in the field.

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Broadcom Soars Past $1tn As Chipmaker Projects ‘massive’ AI …

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ft.com

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Broadcom: Raising Valuation Estimate As AI Becomes A

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Jun 3, 2024 · We raised our fair value estimate for wide-moat Broadcom AVGO to $1,350 per share, from $1,090, as we raise our long-term growth assumptions to factor in a greater …

morningstar.com

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Broadcom Hits Trillion-dollar Valuation On Lofty Forecasts For AI ...

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Dec 13, 2024 · The company's , opens new tab valuation hit $1 trillion on Friday as its shares surged 21% after CEO Hock Tan said AI could present a $60 billion to $90 billion revenue …

reuters.com

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Broadcom Valuation Soars Past $1 Trillion On AI Sales Boom

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Dec 13, 2024 · (Bloomberg) -- Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, surged to a $1 trillion market valuation for the first time after predicting a boom in …

yahoo.com

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Broadcom Value Jumps Over $1tn On AI Optimism | Silicon UK

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2 days ago · Shares in Broadcom jumped 24 percent on Friday, putting the company’s market capitalisation over $1 trillion (£800m), after its chief executive spoke of a “massive” opportunity …

silicon.co.uk

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Broadcom: $1 Trillion Valuation Could Just Be The Start (AVGO)

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The AI spotlight has seemingly shifted onto Broadcom Inc. (NASDAQ:AVGO) with the stock gaining nearly 40% in the past month. In my analysis below, I determine that the technicals are overall ...

seekingalpha.com

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Broadcom's AI Boom: Citi Sets $220 Target As Revenue And …

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1 day ago · Let's talk numbers, because Broadcom's fiscal 2024 results are jaw-dropping. Revenue soared 44% to a record $51.6 billion, with AI leading the chargea staggering 220% …

yahoo.com

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Broadcom Is Suddenly Worth $1 Trillion. What This Means For …

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Dec 18, 2024 · In recent weeks, Broadcom's stock has surged, pushing the company's market value over $1 trillion. Broadcom is crucial for companies seeking alternatives to Nvidia's AI chips.

businessinsider.com

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Broadcom Earnings: AI A Larger Piece Of The Pie And

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Jun 2, 2023 · We maintain our $640 fair value estimate for Broadcom, which reflects a 50% probability the firm’s pending VMware acquisition will close within fiscal 2023. AI Spending Boosting Networking ...

morningstar.com

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Broadcom's AI Boom: Citi Sets $220 Target As Revenue And Dividen

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1 day ago · Broadcom (AVGO, Financial) just dropped the kind of news that makes investors sit up and take notice.While U.S. export restrictions on AI chips to China might rattle others, …

gurufocus.com

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Broadcom Is A Diversified Tech Giant With A Wide Moat And …

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Jul 15, 2024 · Our fair value estimate for Broadcom is $155 per share. Our valuation implies a fiscal 2024 adjusted price/ earnings multiple of 29 times and a fiscal 2024 enterprise …

morningstar.com

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How Long Before Broadcom Makes More AI Compute Engines …

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Dec 13, 2024 · In fiscal 2023, Tan said that Broadcom had $3.8 billion in AI chip sales, nearly double from the prior year. But in fiscal 2024, AI chip sales at Broadcom were up by a factor of 3.2X, or 220 percent, to $12.2 billion. This is but a taste of things to come, apparently.

nextplatform.com

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Better Artificial Intelligence Stock: Wolfspeed Vs. Broadcom

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Jan 8, 2025 · Broadcom, with an enterprise value of $1.13 trillion, might initially seem pricier at 19 times this year's sales -- but it still looks reasonably valued at 28 times its adjusted EBITDA. …

fool.com

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Nvidia’s Value Is Now Worth More Than AMD, Arm, Broadcom

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Jan 7, 2025 · Nvidia’s market cap stood at $3.66 trillion as of Monday.

fortune.com

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Prediction: This Powerhouse AI Stock Will Join Nvidia, Broadcom, …

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5 days ago · Meet the Unstoppable AI Stock Poised to Join Nvidia, Taiwan Semiconductor, and Broadcom in the $1 Trillion Club by 2031 History Says the S&P 500 Will Surge in 2025. 2 Top Stocks to Buy Before It Does.

fool.com

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Prediction: This Powerhouse AI Stock Will Join Nvidia, Broadcom, …

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5 days ago · For example, Wall Street's consensus estimate (provided by Yahoo!) suggests the company's earnings per share (EPS) will grow by 14.4% to $7.05 during its fiscal year 2026 …

nasdaq.com

FAQs about Broadcom soars past $1tn as chipmaker projects ‘massive’ AI … Coupon?

Why is Broadcom a $1 trillion market valuation?

(Bloomberg) -- Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, surged to a $1 trillion market valuation for the first time after predicting a boom in demand for its artificial intelligence chips. Most Read from Bloomberg ...

How much of Broadcom's AI chip revenue will come from AI?

During an earnings call with analysts, Broadcom chief executive Tan Hock Eng said that about US$7 billion of the firm’s AI chip revenue in 2024 would come from helping just two major clients design custom AI chips. He did not name the customers, but analysts widely believe that they are Alphabet’s Google and Facebook owner Meta Platforms. ...

Is Broadcom predicting a massive expansion in demand for AI chips?

Broadcom is predicting a massive expansion in demand for chips that power AI - and the market, for now, is buying it all the way. ...

How much revenue did Broadcom make in a year?

Revenue rose to nearly $14.1 billion in the period, which ended Nov. 3. Analysts had estimated $1.39 a share in earnings and revenue of $14.1 billion on average, according to data compiled by Bloomberg. Data center providers rely on Broadcom’s custom-chip design and networking semiconductors to build their AI systems. ...

How did Broadcom perform in fiscal 2024?

Let's talk numbers, because Broadcom's fiscal 2024 resultsare jaw-dropping. Revenue soared 44% to a record $51.6 billion, with AI leading the chargea staggering 220% jump in AI revenue to $12.2 billion. Its semiconductor and infrastructure software segments smashed expectations, delivering $30.1 billion and $21.5 billion, respectively. ...

Is Broadcom a beneficiary of the AI spending frenzy?

The chipmaker also predicted that the addressable market for AI components that it designs for data center operators would reach as high as $90 billion by fiscal 2027. Like Nvidia Corp., Broadcom is positioning itself to be a major beneficiary of the AI spending frenzy. ...