Broadcom's AI chip sales surged 220% in 2024, showing that demand for these products is immensely outpacing other segments, with forecasts indicating continued growth.
With its data center business booming and new deals with hyperscalers underway, Broadcom has strong momentum that could lead to further stock price appreciation.
Despite the recent 10-for-1 stock split, Broadcom's potential for long-term growth suggests that another split could be on the horizon as confidence in the company rises.
Investors should focus on Broadcom's execution of its business plan rather than its stock price, recognizing that good management drives ultimate success.
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