During a meeting with Broadcom’s CEO Hock Tan, CFO Kirsten Spears, and IR head Ji Yoo, BofA reaffirmed its Buy rating on the stock and raised its price target to $215, citing a “multi-year $100-$125bn AI opportunity.”
The total addressable market for Broadcom is projected to reach between $100-$125 billion, largely driven by internal workloads at top hyperscale customers. BofA noted that Broadcom is well-positioned in AI, particularly in networking, which is projected to grow from 15-20% of AI spending to 20-25% in the coming years.
In addition to AI, the bank highlighted Broadcom's software division, particularly VMWare, which is transitioning to a subscription model.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: