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JPMorgan Says Be an ‘Aggressive Buyer’ of This Beaten-Down AI Stock
Key takeaways
- Broadcom s AI semiconductor revenue surged 143% to $11B, backed by multi-gigawatt compute commitments from Anthropic, Open AI, and Meta through 2029.
- Despite 44 Wall Street buy ratings and zero sells, Broadcom insiders have been net sellers across 35 recent transactions as gross margins compress.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn t make the cut.
JPMorgan Says Be an ‘Aggressive Buyer’ of This Beaten-Down AI Stock Omor Ibne Ehsan Tue, June 23, 2026 at 12:44 AM GMT+7 4 min read AVGO NVDA META Quick Read AVGO dropped 17% despite record $22B revenue and a consensus beat, prompting JPMorgan to set a $580 target and urge aggressive buying.
Broadcom s AI semiconductor revenue surged 143% to $11B, backed by multi-gigawatt compute commitments from Anthropic, Open AI, and Meta through 2029.
Despite 44 Wall Street buy ratings and zero sells, Broadcom insiders have been net sellers across 35 recent transactions as gross margins compress.
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