{"id":170210,"date":"2025-12-05T23:00:13","date_gmt":"2025-12-05T23:00:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/170210\/"},"modified":"2025-12-05T23:00:13","modified_gmt":"2025-12-05T23:00:13","slug":"broadcom-stock-is-rising-mizuho-bets-big-on-ai-boom-ahead-of-earnings","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/170210\/","title":{"rendered":"Broadcom Stock Is Rising — Mizuho Bets Big on AI Boom Ahead of Earnings"},"content":{"rendered":"\n

This article first appeared on GuruFocus<\/a>.<\/p>\n

Broadcom (NASDAQ:AVGO<\/a>) shares climbed about 2%<\/a> on Friday morning trade as Mizuho highlighted the chipmaker’s growing AI opportunities ahead of next week’s earnings.<\/p>\n

Analyst Vijay Rakesh maintained <\/a>an Outperform rating with a $435 price target, noting Broadcom (NASDAQ:AVGO<\/a>) is positioned to benefit from Google’s Gemini 3 ramp and wider TPU adoption by major AI developers including Alphabet (NASDAQ:GOOGL<\/a>), Meta (NASDAQ:META<\/a>) and Apple (NASDAQ:AAPL<\/a>).<\/p>\n

Mizuho said Broadcom’s (NASDAQ:AVGO<\/a>) TPUv7p and TPUv8p chips, with estimated average selling prices of $10,000 and $15,000, could drive significant revenue upside. Networking catalysts, including the Tomahawk 6-Davisson switch and Thor Ultra 800G NIC, were also cited as strengths for the company’s growth.<\/p>\n

For fiscal 2026, Mizuho projects Broadcom (NASDAQ:AVGO<\/a>) revenue of $86.9 billion, EPS of $9.34, and AI-related revenue of $41.1 billion, all above Street estimates. Revenue growth is expected to exceed 30% next year, with further acceleration into 2027. Multiple ASIC ramps through 2026-28 leave additional upside potential, Mizuho noted.<\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Broadcom (NASDAQ:AVGO) shares climbed about 2% on Friday morning trade as Mizuho…\n","protected":false},"author":2,"featured_media":145016,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,40014,363,364,5396,57311,110180,111,139,69,145],"class_list":{"0":"post-170210","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-developers","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-broadcom","13":"tag-gurufocus","14":"tag-mizuho","15":"tag-new-zealand","16":"tag-newzealand","17":"tag-nz","18":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/170210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=170210"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/170210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/145016"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=170210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=170210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=170210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}