Broadcom Inc. (NASDAQ:AVGO) is considered one of Goldman Sachs’s prime progress inventory picks. On February 17, Cathie Wooden’s ARK ETF disclosed that it acquired 24,205 shares of Broadcom Inc. (NASDAQ:AVGO), valued at about $7.87 million. This was after the fund divested $13.7 million value of Teradyne Inc. (NASDAQ:TER) inventory.
Individually, on February 10, UBS analyst Timothy Arcuri reiterated a Purchase score and maintained a $475 worth goal on Broadcom. Arcuri cited accelerating demand for Broadcom’s customized AI chip merchandise, particularly its Tensor Processing Models (TPUs). For that motive, he projected that Broadcom will ship roughly 3.7 million TPU items in calendar 12 months 2026, and expects the cargo to rise to greater than 5 million items in calendar 12 months 2027.
On the product roadmap, Arcuri famous that greater than half of 2027 shipments would be the TPU v7 mannequin. The following-generation TPU v8ax will take over as nearly all of shipments in 2028, the analyst added.
Based mostly on these cargo projections, UBS now forecasts Broadcom’s whole AI income will attain roughly $60 billion in FY2026, a roughly 200% 12 months over 12 months improve. This income will then develop additional to about $106 billion in FY2027, which is an extra 80% 12 months over 12 months, and reaching round $150 billion by FY2028.
Broadcom Inc. (NASDAQ:AVGO) is a semiconductor and infrastructure software program firm. It designs and provides merchandise together with customized chips, networking options, and enterprise software program used throughout industries resembling cloud computing, telecommunications, and knowledge facilities.
Whereas we acknowledge the potential of AVGO as an funding, we consider sure AI shares supply larger upside potential and carry much less draw back threat. In case you’re searching for an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the greatest short-term AI inventory.
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