This Analyst Just Raised His Broadcom Stock Price Target by 70%. Should You Buy AVGO Now?
The broader global semiconductor market is expected to expand by 11.2% in 2025, reaching a total value of $700.9 billion. These explosive growth figures underscore the massive opportunity for companies positioned at the intersection of artificial intelligence and semiconductor innovation.
Against this backdrop of unprecedented industry expansion, Broadcom (AVGO) has emerged as a standout performer, with its AI semiconductor revenue surging 46% year-over-year to over $4.4 billion in the second quarter of 2025. The company’s stock has rallied an impressive 79% in just three months, significantly outpacing the S&P 500 Index ($SPX). This remarkable…
