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Posted by
Two Blokes Jul 15 -
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Stock
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Broadcom remains a Buy as AI spending by hyperscalers drives robust growth and structural demand for its semiconductor and software solutions. AVGO's diversification, especially through the VMware acquisition, boosts profitability and resilience against potential downturns in AI spending. Strong shareholder returns are supported by healthy cash flows, ongoing dividends, share repurchases, and prudent capital management focused on debt reduction and future acquisitions.
