Direxion Daily AVGO Bull 2X Shares

Broadcom still falling and is currently down for the year despite solid revenue growth and slightly "below expectations" guidance, though I think it's more of inflated market expectations than Broadcom not delivering. I think this could be one worth to watch, especially if the broader market continues to fall even more during the September-October period, which is typically the weaker period of the year for stocks.

I am very disappointed with the Crypto Clarity Act outcome. I expect good news and…..the outcome is so disappointing. I do not understand why the senators blocked disagrees with the act.

Failed the 60-vote threshold 49–50 early this morning. It is ready a “Big setback” for US crypto rules.🥹🥹 no chance for BTC to reclaim 100k again by year end.😞

Mizuho on Semis pullback: 'we see this as a buying opportunity with $Micron Tech(MU.US), $Lumentum(LITE.US), $Credo Tech(CRDO.US), $Sandisk(SNDK.US), $Broadcom(AVGO.US), $Dell Tech(DELL.US), and $Lam Research(LRCX.US) remaining well-positioned'.

GOOD MORNING & WELCOME TO FOMC DECISION WEEK.

Source: amit

$Broadcom(AVGO.US)

Context: I like Broadcom because it sits right at the heart of AI infrastructure. While most people focus on GPUs, companies like Google and Meta work with Broadcom on custom AI chips and high-speed networking. Its software business also brings in steady cash flow, giving the company a strong foundation beyond AI.

My trade: My average cost is $355.172, and with AVGO around 362, I’m sitting on a small gain. I’m holding my shares today and not adding more. With strong demand for custom AI chips, networking, and solid software cash flow, I’m comfortable letting the position run while keeping my risk under control.

Takeaway: Broadcom has strong exposure to AI through both custom chips and networking. In your semiconductor portfolio, do you prefer GPU companies or custom ASIC players like Broadcom?

Google recovers its costs on TPUs in 1-year, while its overall payback period for AI servers is 2-years, media report, citing Google Cloud CEO Thomas Kurian, and adding that Google TPUs have found new customers across financial, biotech, government and scientific sectors in addition to AI labs. TPU strength is a boon to Broadcom and MediaTek, which both see their competition for Google’s chip design business as big enough for everyone to keep growing, even if new design rivals enter the market. $Broadcom(AVGO.US) $Alphabet(GOOGL.US) $NVIDIA(NVDA.US) #mediatek #semiconductors

Source: Dan Nystedt

Context

Broadcom Inc. ($Broadcom(AVGO.US)) recently posted a blowout Q3 2026 earnings report, with overall revenue surging 86% year-over-year to $29.59 billion. The explosive growth was led by custom AI semiconductors, which skyrocketed 221% to $16.7 billion. Broadcom also vastly raised its long-term guidance, forecasting $115 billion in AI revenue for fiscal 2027 and a staggering $230 billion by 2028. However, the stock experienced a 13.74% pullback over the last month as Wall Street focused on a slight Q4 revenue guidance miss ($34.8 billion vs. $35.1 billion expected) and minor operating margin compression from shifting to full-rack AI systems.

My trade

-Strategy: Scaled in long via equity during the post-earnings dip.

-Entry Target: $360.00 – $362.00 (accumulating right at the current $361.99 support level).

-Stop Loss: $335.00 (just below the recent support floor).

-Price Target: $460.00 (in line with conservative analyst upgrades).

Takeaway

The market is missing the forest for the trees by punishing a minor Q4 guidance discrepancy. Broadcom’s underlying fundamentals are incredibly robust: it holds a highly visible custom XPU pipeline with mega-cap clients (like Alphabet, Meta, and OpenAI) alongside an enterprise software cushion from VMware. With a forward PEG ratio hovering near an attractive 0.4, this short-term correction offers a premier entry point into the structural backbone of global AI infrastructure.

😍

$Broadcom(AVGO.US)

Post 4 Episode 22

Context: One reason Broadcom interests me is that the next phase of AI may not be dominated entirely by off-the-shelf GPUs. Large hyperscalers increasingly want custom accelerators designed around their own workloads, power budgets and economics — and Broadcom sits in a strong position to help enable that transition.

My trade: I see AVGO as a way to participate in AI compute without having to predict which individual custom chip ultimately wins. Its role in designing and connecting these systems gives me exposure to the broader trend toward specialised silicon while complementing my more direct accelerator holdings.

Takeaway: Sometimes the better investment isn’t betting on one winning chip. It is owning the company that can benefit as multiple customers build their own.

@Captain's Treasure