---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000881786.md"
description: "🌟🌟🌟I believe that $Broadcom(AVGO.US)will close down 3% to 8% to USD 352.  This correction is not because Broadcom is a failing tech stock.  It is simply the cold mechanical reality of a brutal macroeconomic crosscurrent with the Iran war possibly escalating with fresh attacks by the US.Broadcom is in fact a great tech stock as it operates a high margin, custom silicon monopoly that captures 54% of its revenue directly from the physical backbone of the global AI infrastructure buildout.  Broadcom powers 99% of global internet traffic and has a multi billion dollar backlog that competitors can only dream of.This downturn is a gift for disciplined long term investors of Broadcom who can buy and hold long term."
datetime: "2026-09-01T23:46:22.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000881786.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000881786.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000881786.md)
author: "[koolgal](https://longbridge.com/en/profiles/2074993385495678976.md)"
generator: "portal-rs"
---

# 🌟🌟🌟I believe that $Broadcom(AVGO.US)will close dow…


### Related Stocks

- [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md)

## Comments (1)

- **markypots · 2026-09-02T02:33:09.000Z**: the actual low yesterday was 362 before it closed back near 370, so that target needs a fresh leg down rather than a retest of ground it has already covered.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**