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Broadcom (NASDAQ: AVGO) stock is climbing higher in Tuesday's trading. The company's share price was up 5.2% as of 2 p.m. ET, according to data from S&P Global Market Intelligence.. Broadcom stock ...
AVGO EPS Estimates for Current Fiscal Year data by YCharts. The expected acceleration in Broadcom's earnings growth explains why the stock is sporting a price/earnings-to-growth ratio of 0.76.
According to a forecast by analysts at market research firm Lucitel, demand for AI-specific ASICs will grow at an annualized rate of 32% through the end of the decade. That bodes well for Broadcom.
AVGO PE Ratio (Forward 1y) data by YCharts Broadcom has a huge AI opportunity in front of it, while the stock is attractively priced trading at a forward price-to-earnings (P/E) ratio of under 28 ...
And we may be in the very early days of this growth story since analysts forecast today's $200 billion AI market may reach $1 trillion by the end of the decade. ... AVGO) launched a 10-for-1 stock ...
Price Action: AVGO stock traded higher by 0.86% at $165.98 premarket at the last check on Friday. Also Read: Nvidia AI Chips Headed to Saudi Arabia, US Reassesses Export Ban.
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AMD stock is up 3.09%, AVGO stock is up 2.47%, MU is up 2.80%, TSM is up 2.64%, ON is up 3.17%, and INTC stock is up 3.69%. Also Read: Intel Partners With AMD To Counter Arm’s Rising Dominance ...
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