Macquarie Sees Upside for Broadcom on Google Ties
Equity research flags upside for the AI chipmaker despite investor doubts on segments beyond its Google work.
Equity research flags upside for the AI chipmaker despite investor doubts on segments beyond its Google work.
CNBC posted that Macquarie Equity Research expects Broadcom to gain ground. The note centers on Broadcom's AI chip partnership with Google as the main driver of potential upside. Macquarie made the assessment even while acknowledging that investors have expressed doubts over the company's performance in areas outside that partnership. The public post from the CNBC account summarized the equity research view without including specific price targets or timelines. The coverage presents the outlook as coming directly from the Macquarie report on the chipmaker.
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Equity research flags upside for the AI chipmaker despite investor doubts on segments beyond its Google work.
CNBC posted that Macquarie Equity Research expects Broadcom to gain ground. The note centers on Broadcom's AI chip partnership with Google as the main driver of potential upside. Macquarie made the assessment even while acknowledging that investors have expressed doubts over the company's performance in areas outside that partnership. The public post from the CNBC account summarized the equity research view without including specific price targets or timelines. The coverage presents the outlook as coming directly from the Macquarie report on the chipmaker.
