Castleark Management LLC Takes Position in Broadcom Inc. $AVGO

Broadcom delivers strong earnings view as CEO touts growth with AI labs

Broadcom issued optimistic guidance for the next fiscal year following strong earnings, citing expanding business with artificial intelligence labs and custom chip development partnerships.

Castleark Management LLC Takes Position in Broadcom Inc. $AVGO

Castleark Management LLC acquired a new stake in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 243,896 shares of the semicond

Broadcom’s $490 Upgrade Turns Anthropic Into a $40 Billion Test

PALO ALTO, Calif., Sept. 6, 2026 — Broadcom Inc. (NASDAQ:AVGO) closed Friday at $357.90. A fresh Macquarie upgrade now asks shareholders to look far beyond the next quarter. Analyst Arthur Lai moved Broadcom to Outperform from Neutral and set a $490 target. His pivotal estimate is unusually specific: Anthropic could buy more than $40 billion…

Broadcom Tripled AI Chip Revenue and Wall Street Sold the Stock Anyway

Broadcom reported record Q3 revenue of $29.6 billion and AI chip revenue that tripled to $16.7 billion, plus a forecast of $230 billion in AI revenue by 2028. The stock still fell, as investors worried about a razor-thin beat, a 58x earnings multiple, and Google diversifying its custom chip orders to Marvell and MediaTek.

Broadcom (AVGO) Stock Drops 3% Despite Strong Earnings: Should Investors Buy the Dip?

Broadcom (AVGO) stock declined 3% after earnings despite beating estimates. Q4 guidance missed expectations while AI revenue targets climb to $115B by 2027.

Broadcom (AVGO) Stock Slides 3% After Earnings: Is the Dip Worth Buying?

TLDR AVGO fell nearly 3% post-earnings and is down roughly 15% over the past month, trading around $358 Q3 revenue hit a record $29.59 billion, up 85% year over year, with AI semiconductor revenue surging 221% to $16.7 billion Q4 revenue guidance of $34.8 billion came in slightly below Wall Street...