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Why Broadcom Stock Is Worth USD 650
Morningstar analysts argue Broadcom stock is worth 650 US dollars per share, laying out their valuation case for the semiconductor and infrastructure software company. The analysis has drawn attention from investors tracking the AI-driven rally in chip stocks and weighing whether Broadcom's growth in custom AI chips and VMware software justifies its valuation.
Why now: Investors are closely watching Broadcom's valuation amid the AI chip boom.
Evidence
- Why Broadcom Stock Is Worth USD 650 · Morningstar
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