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Broadcom (AVGO) Stock: A Must-Buy as AI Revenue Set to Double in 2027
Broadcom (AVGO) Stock: A Must-Buy as AI Revenue Set to Double in 2027
Broadcom (AVGO) CEO Hock Tan issued a stark warning to investors today, forecasting the company's AI chip revenue will exceed $100 billion by 2027—more than doubling current projections—despite the stock being down 22% from its 2025 highs. The guidance comes as AVGO shares have corrected nearly 10% in recent weeks amid renewed AI sector pessimism, even as the semiconductor giant remains a primary competitor to Nvidia (NVDA) and forecasts blistering EPS growth of 66% for FY 2026.
