Broadcom: Like Buying Nvidia In May 2023
Source: SeekingAlpha
2026-03-05 15:11:11 ET
Wednesday after the bell, Broadcom Inc. ( AVGO ) reported Q1 '26 earnings and got a big nod from a market that’s been punishing even double-beats this quarter. The stock was up a little over 7% in pre-market trading, really gaining momentum after CEO Hock Tan said the following midway through the earnings call:
We have line of sight to achieve AI revenue from chips, just chips, in excess of $100 billion in 2027. We have also secured the supply chain required to achieve this.
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Broadcom: Like Buying Nvidia In May 2023
Broadcom Inc.
NASDAQ: AVGO
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AVGO Stock Data
$1,623,412,148,778
4,646,448,323
0.01%
2728
N/A
Semiconductors and Equipment
Technology
US
Palo Alto
