genai / news / / Barchart
Broadcom (AVGO) has been a value creator with returns of more than 145% in the last 52 weeks.
Broadcom's AI revenue estimate for 2027 has increased from $100 billion to $120 billion.
KEY POINTS
- Meta partnership could help Broadcom exceed $120 billion in AI revenue by 2027.
- Broadcom and Google's new supply deal ensures custom AI chips delivery through 2031.
- Broadcom's free cash flow could exceed $50 billion annually within a few years.
COMPANIES
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