The first major gatecrasher of Wall Street's Magnificent Seven dominance is here, and Broadcom's recent rally shows that the stock has plenty of potential to take on the United States' hegemony of AI stars.
The Dow exploded higher on Friday, surging roughly 1,000 points as a targeted rebound in chipmakers eased a bruising week for US markets. After several sessions of sharp tech-led selling, investors stepped back into large-cap semiconductors and cyclical names.
Broadcom stands to benefit from a rising hyperscaler AI CapEx, with a robust backlog and strong growth visibility through 2026 and beyond. AVGO is well-positioned as hyperscalers potentially diversify away from Nvidia, leveraging custom chip partnerships with Google and others. Despite a recent 30% pullback, AVGO's forward earnings multiple has compressed to 30x, presenting an attractive entry ...
Amazon (Nasdaq: AMZN) announced earnings last night and Wall Street's focused on one single number: $200 billion in capital expenditure guidance for 2026.
Broadcom has huge networking and custom artificial intelligence (AI) chip opportunities in front of it. Taiwan Semiconductor looks poised to be one of the biggest beneficiaries of the AI infrastructure buildout.
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