Broadcom's Artificial Intelligence (AI) Revenues Are Forecast to Exceed $100 Billion in 2027: Should You Buy the Dip?
Some of the custom chip designer's new client deals come online next year.
Overview
Broadcom (NASDAQ: AVGO) has been an OK investment in 2026, rising by about 14% year to date. That's barely a market-beating stock, but the share price is also well down nearly 20% from the peak it set at the end of June. Yet the future of the company is looking as bright as ever.
It has some major catalysts arriving in 2027 that will bring the company to new levels, as its AI semiconductor revenue is expected to exceed $100 billion. For reference, its AI semiconductor revenue in the second quarter was $10.8 billion, or about $43 billion annualized.
Details
Is that enough to warrant buying the stock? Let's take a look.
Source
Originally published at www.fool.com.
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