{"id":6322,"date":"2025-09-10T01:37:09","date_gmt":"2025-09-10T01:37:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/6322\/"},"modified":"2025-09-10T01:37:09","modified_gmt":"2025-09-10T01:37:09","slug":"broadcom-avgos-10b-ai-customer-could-be-openai-analysts-suggest","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/6322\/","title":{"rendered":"Broadcom (AVGO)\u2019s $10B AI Customer Could Be OpenAI, Analysts Suggest"},"content":{"rendered":"\n<p class=\"yf-1090901\">Broadcom Inc. (NASDAQ:<a href=\"https:\/\/finance.yahoo.com\/quote\/AVGO\" data-ylk=\"slk:AVGO;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">AVGO<\/a>) is one of the <a href=\"https:\/\/www.insidermonkey.com\/blog\/10-buzzing-ai-stocks-on-wall-street-2-1604802\/?singlepage=1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Buzzing AI Stocks on Wall Street;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Buzzing AI Stocks on Wall Street<\/a>.\u00a0On September 5, KeyBanc analyst John Vinh raised the price target on the stock to $400.00 (from $330.00) while maintaining an Overweight rating.<\/p>\n<p class=\"yf-1090901\">Shares of the stock soared on Friday after the company announced on its earnings call that it has secured a new $10 billion customer. According to Broadcom CEO Hock Tan, a fourth large customer had put in orders for $10 billion in custom artificial intelligence chips, known as XPUs.<\/p>\n<p class=\"yf-1ba2ufg\">\u201cOne of these prospects released production orders to Broadcom, and we have accordingly characterized them as a qualified customer for XPUs.\u201d -Hock Tan<\/p>\n<p class=\"yf-1090901\">Analysts at Keybanc believe that the new customer is AI startup OpenAI.<\/p>\n<p class=\"yf-1ba2ufg\">\u201cFourth AI Customer Expected to Add an Incremental $10B in FY26; AVGO reported strong F3Q (July) results and guided F4Q (October) higher. Upside was driven by strong AI semi revenues and VMW. In F3Q, AI semis grew 63% y\/y to $5.2B vs. +46% y\/y last quarter and is expected accelerate to +66% y\/y in F4Q. &#8220;<\/p>\n<p class=\"yf-1090901\">Broadcom is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets.<\/p>\n<p class=\"yf-1090901\">While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you&#8217;re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the<a href=\"https:\/\/www.insidermonkey.com\/blog\/three-megatrends-one-overlooked-stock-massive-upside-1548959\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:best short-term AI stock;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> best short-term AI stock<\/a>.<\/p>\n<p class=\"yf-1090901\">READ NEXT:\u00a0<a href=\"https:\/\/www.insidermonkey.com\/blog\/10-ai-stocks-to-watch-out-for-in-2025-1602906\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 AI Stocks to Watch Out For in 2025;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">10 AI Stocks to Watch Out For in 2025<\/a> and <a href=\"https:\/\/www.insidermonkey.com\/blog\/10-ai-stocks-gaining-attention-on-wall-street-3-1604894\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 AI Stocks Gaining Attention on Wall Street;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">10 AI Stocks Gaining Attention on Wall Street<\/a>.<\/p>\n<p class=\"yf-1090901\">Disclosure: None.<\/p>\n","protected":false},"excerpt":{"rendered":"Broadcom Inc. (NASDAQ:AVGO) is one of the Buzzing AI Stocks on Wall Street.\u00a0On September 5, KeyBanc analyst John&hellip;\n","protected":false},"author":2,"featured_media":6323,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,7339,343,344,4627,7338,85,46,125],"class_list":{"0":"post-6322","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-stock","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-broadcom","13":"tag-hock-tan","14":"tag-il","15":"tag-israel","16":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/6322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=6322"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/6322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/6323"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=6322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=6322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=6322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}