Market News / Story
Broadcom Stocks Rise 4.1% as Power Bottleneck Leaves Forecasts Intact
GuruFocus ·
GuruFocus reports: Broadcom, the custom AI-chip, networking and infrastructure-software company , received backing from Morgan Stanley's assessment that electricity shortages should leave its 2027 forecasts intact, according to Reuters. Shares stood at $377.40 at 10.45am ET on October 6, 2026. The valuation graphic puts the stock 10.2% below its $420.29 GF Value estimatea valuation cushion, though no guarantee of upside. The growth engine is already doing heavy lifting. Broadcom reported…