Broadcom: stock growth and strong AI market position
- Stock Growth:$AVGO+2.8% shares are up+2.8%nearly 50%, driven by increased demand for artificial intelligence (AI) chips and collaborations with leading technology companies.
- AI revenue: $AVGO+2.8% plans to reach $12 billion in AI revenue by 2024, significantly strengthening its position in the AI technology market.
- Expert...
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The stock is really overvalued right now, so I won't be buying now.