Broadcom (AVGO) ‘all cylinders-jpmorgan fires on fire

Broadcom Inc (NASDAQ:Avgo) one of AI shares make waves in Wall Street. On July 9, JPMorgan Analyst Harlan Sur, reiterated the “excessive overweight” rating in the shares of $ 325.00 price target. After the meeting with the management of the company, Broadcom, Broadcom, Broadcom said the “all cylinders were fired.”

“Yesterday, we met with Broadcom President and CEO, Hockcom President, Hock Tan, CFO, Kirsten Spears and VP’s IR, Ji Yoo.

The company stressed its progress with the development of the product with 2NM 3.5D AI XPU product ribbon for this year. Moreover, the first generation AI XPU products are also working for two leading perspective marks with Arm / Softbank and Openai. There are also opportunities to capture some large dollar content in the scale network.

JPMorgan said he was gradually faced with the formation of “U” in the unusual semiconductor in the company. This is reflected in current reservations and orders expected to contribute to positive EPS adjustments next year.

Meanwhile, its VMware business is likely to provide strong growth until the end of 2026/2027, it is likely to have reached $ 20 billion. There are common margin headlines from the AI XPU work, but it is likely to expand semiconductor operating margins.

Broadcom is a unparalleled technological company in the AI revolution thanks to special chip offers and network assets.

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