BUZZ-Broadcom gains; Mizuho raises PT on AI chip growth expectation
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Networking and custom AI chipmaker Broadcom’sshares rise ~1% to $335.60 premarketMizuho raises PT to $480 from $450, implying an upside of 44.4% to stock’s last closeBrokerage says AVGO is well positioned to remain leader in AI chips industryMizuho expects Broadcom’s custom AI chip shipments to grow 43% per year from 2023 to 2027Avg. rating of 49 analysts is “buy”, their median PT is $461 - data compiled by LSEGAVGO gained 49.3% in 2025
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