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BofA on Broadcom Limited (AVGO): 'Today’s announcement makes 3 important statements...'
October 13, 2025 2:26 PM EDTBofA Securities analyst Vivek Arya reiterated a Buy rating and $400.00 price target on Broadcom Limited (NASDAQ: AVGO).
The analyst comments "Todays announcement makes 3 important statements: 1) AVGOs prior $10bn award announced during its last earnings call (for F3Q26) was NOT for... More
Wolfe on Broadcom Limited (AVGO): 'announcement provides additional confidence that AVGO will grow its AI revenue in CY27'
October 13, 2025 12:15 PM EDTWolfe Research analyst Chris Caso reiterated a Peerperform rating on Broadcom Limited (NASDAQ: AVGO).
The analyst comments "This morning AVGO announced a 10 GW deal with OpenAI [link], following similar announcements by peers NVDA [link] and AMD [link] in the last month. AVGO's agreement encompasses rack-scale systems designed by AVGO, to be deployed beginning in 2H26 and extending through the end of CY29. The company emphasized that, in addition to custom XPUs, AVGO is also providing Ethernet-based solutions for scale-up and scale-out for these rack systems. OpenAI and AVGO hosted a fireside chat here... More
