Broadcom (AVGO)’s $10B AI Customer Could Be OpenAI, Analysts Suggest
Broadcom Inc. (NASDAQ:AVGO) is one of the Buzzing AI Stocks on Wall Street. On September 5, KeyBanc analyst John Vinh raised the price target on the stock to 330.00) while maintaining an Overweight rating. Shares of the stock soared on Friday after the company announced on its earnings call that it has secured a new 10 billion in custom artificial intelligence chips, known as XPUs. “One ...