Morningstar

Broadcom

Morningstar Propels Broadcom's Valuation with Soaring AI Chip Forecast: A Deep Dive into Market Implications

Morningstar, the respected financial research firm, has significantly upgraded its fair value estimate for Broadcom (NASDAQ: AVGO) from $225 to $325 per share. This substantial revision signals a robust belief in the semiconductor giant's accelerating trajectory within the burgeoning artificial intelligence (AI) chip market. The decision, primarily driven