BlackRock's position in Broadcom is currently worth $185B. That's 2.84% of their equity portfolio (4th largest holding). The investor owns 8.74% of the outstanding Broadcom stock. The first Broadcom trade was made in Q4 2020. Since then BlackRock bought shares fourteen more times and sold shares on three occasions. The stake costed the investor $25.9B, netting the investor a gain of 615% so far.
Deutsche Bank has increased its price target on Broadcom (NASDAQ: AVGO) from $430 to $515 on Thursday, June 4, maintaining a ‘Buy' rating on the technology c...
Immediately after the semiconductor and infrastructure company published its second-quarter (Q2) earnings following the June 3 closing bell, Broadcom (NASDAQ...
Hyperscalers' AI capex ROI looks only roughly in line with equity market return expectations. This may prompt greater scrutiny of AI spend from here on. Tigh...
AVGO's Q2 call says AI demand is accelerating, with $10.8B AI semi sales and a Q3 guide that lifts expectations into 2027.